European Union (Approval of Treaty Amendment Decision) Act 2012
Act of ParliamentThis bill passed all stages in both Houses and received Royal Assent.
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Long title
A Bill to make provision for the purposes of section 3 of the European Union Act 2011 in relation to the European Council decision of 25 March 2011 amending Article 136 of the Treaty on the Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro.
Summary
<p>The Bill enables the UK to ratify an amendment to Article 136 of the Treaty on the Functioning of the European Union. </p><p>The amendment will give legal basis to the creation of a permanent European Stability Mechanism (ESM), which will provide financial assistance to eurozone States, up to a limit of €500bn, in order to safeguard the economic stability of the eurozone. </p><p>The ESM is established in a separate treaty between the 17 Member States in the eurozone.</p>
Progress through Parliament
- 1st reading· Lords
10 May 2012 – 10 May 2012
- 2nd reading· Lords
23 May 2012 – 23 May 2012
- Committee stage· Lords
13 June 2012 – 13 June 2012
- Report stage· Lords
27 June 2012 – 27 June 2012
- 3rd reading· Lords
4 July 2012 – 4 July 2012
- 1st reading· Commons
4 July 2012 – 4 July 2012
- 2nd reading· Commons
3 September 2012 – 3 September 2012
- Programme motion· Commons
3 September 2012 – 3 September 2012
- Committee stage· Commons
10 September 2012 – 10 September 2012
- 3rd reading· Commons
10 September 2012 – 10 September 2012
- Royal Assent· Unassigned
31 October 2012 – 31 October 2012
Source: UK Parliament Bills API. Bill ID: 986.