Overview

This bill approves several decisions made by the Council of the European Union. These decisions relate to Albania and Serbia's observer status in the European Union Agency for Fundamental Rights, and the signing of a competition law agreement between the EU and Canada. The bill ensures these decisions are legally binding within the UK.

Description

This bill utilizes Section 8 of the European Union Act 2011 to formally approve several key decisions made under Article 352 of the Treaty on the Functioning of the European Union (TFEU). Specifically, it approves:

• The granting of observer status to Albania and Serbia within the European Union Agency for Fundamental Rights (EU Agency).
• The signing and conclusion of a competition law agreement between the European Union and Canada.

Approval under this act makes these EU decisions legally enforceable within the UK.

Government Spending

The bill itself doesn't directly involve any new government spending. The costs associated with the agreements (observer status and competition law agreement) would likely be accounted for within existing departmental budgets and may not be immediately apparent or easily quantified.

Groups Affected

The groups potentially affected include:

• Albania and Serbia: Gain observer status in the EU Agency for Fundamental Rights, potentially influencing their future relationship with the EU.
• Canada: Benefits from a strengthened competition law agreement with the EU, influencing trade and business practices.
• Businesses operating within the UK and Canada: May experience changes related to the new competition law agreement, impacting their operations.
• The European Union Agency for Fundamental Rights: Expands its participation to include Albania and Serbia as observers.

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