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by Munro Research

Barnett Formula (Replacement) Bill


Official Summary

A Bill to require the Chancellor of the Exchequer to report to Parliament on proposals to replace the Barnett Formula used to calculate adjustments to public expenditure allocated to Scotland, Wales and Northern Ireland with a statutory scheme for the allocation of resources based on an assessment of relative needs; and for connected purposes.

Bill text not available. The bill text is usually published once the bill reaches the committee stage.

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