Financial Veto

66 Standing Orders enable non-Ministerial Members of Parliament to propose initiatives which have an impact on the total fiscal aggregates (as defined in the Public Finance Act 1989) or the composition of a Vote, and confer powers on the Government to veto such initiatives. Officials should refrain from commenting on any such initiative beyond the technical point that it appears to have an impact on the fiscal aggregates. They must immediately bring to the attention of Ministers any proposal which might affect the fiscal aggregates and thus require consideration by Ministers of the use of the financial veto power when the bill or Vote is subsequently before the House.

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