Written question asked by Lord Swinfen (Conservative), in the House of Lords. It was due for an answer on Monday, 24 February 1997. It was answered by Lord Mackay of Ardbrecknish (Conservative) on Monday, 24 February 1997.

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Mackay of Ardbrecknish, Lord

Question

If, in the event of the UK joining the single European currency, British oil and gas reserves will be pooled and put on the asset side of the single currencys pan-European balance sheet; and, if not, which Article, Protocol or Declaration in the Treaty on European Union safeguards these assets.

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Secondary information

Type

Written question

Reference

578 c74WA

Session

1996-97

Subjects

Economic and monetary union Oil Natural gas Natural resources