Overview

This bill proposes the creation of a commission to regularly assess the economic, security, and constitutional costs and benefits of the UK's membership in the European Union. The commission would report its findings to Parliament every five years.

Description

The bill mandates the Chancellor of the Exchequer to establish the EU Membership Audit Commission ("the Commission"). This seven-member commission will be appointed, aiming for a balance of pro- and anti-EU membership views. The chairman must be broadly neutral. Former members of the European Parliament or employees of the European Commission are ineligible.

Commission Responsibilities

The Commission's terms of reference are to examine the costs and benefits of UK EU membership, considering its impacts on the UK's economy (including public spending and receipts), national security and defence, and constitutional arrangements.

Reporting and Parliamentary Process

The Commission must report to the Chancellor within twelve months of its appointment. This report will also be given to the National Audit Office for review. Parliament will receive a copy of the Commission's report and the National Audit Office's response. A Minister will then make a motion in Parliament expressing a view on the report's contents.

Government Spending

The bill states that any expenditure incurred by the Treasury in fulfilling this Act will be paid for from money provided by Parliament. No specific figures are provided in the bill itself.

Groups Affected

Groups potentially affected include:

• The UK Government: Responsible for establishing and funding the Commission, and for responding to its findings.
• Members of the Commission: Will receive remuneration and allowances.
• The National Audit Office: Will review the Commission's report.
• The Public: The Commission's findings will inform public debate on the UK's relationship with the EU.
• Parliament: Will receive and debate the Commission's report and government response.

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