Related: Women The European Communities (Finance) Act 2008 (c. 1) is an Act of the Parliament of the United Kingdom.

[3] The legislation was introduced to the House of Commons as the European Communities (Finance) Bill by the Chancellor of the Exchequer, Alistair Darling, on 7 November 2007.

[5] The Act passes into UK law the decisions on the European Union budget taken at the European Council meeting of December 2005 as recorded in the Council's Decision of 7 June 2007 on the system of the European Communities’ own resources.

[6][7] It does this by amending the introductory paragraph of the European Communities Act 1972 to include reference to the 7 June 2007 decision.

[9] On 22 May 2008, in answer to a Parliamentary question by Lord Burnett, Lord Davies of Oldham provided an estimate on the additional costs to Her Majesty's Treasury as a result of the Act.