Isle Of Man Updates EU Legislation
The Isle of Man Chief Minister's Office has announced that it is promoting
a short Bill to update the list of treaties referred to in the legislation which
gives effect to the Island's special relationship with the European Union. The European Communities (Amendment) Bill 2002 adds the Treaty of Nice to the
list of treaties to which the European Communities (Isle of Man) Act 1973 applies.
The Treaty of Nice makes changes to EU institutions necessary to allow enlargement
of the Union. The Island's European Communities legislation is amended in this way each time
there is a new EU Treaty - previous examples include the Accession Treaty of
Austria, Finland and Sweden, the Maastricht Treaty and the Treaty of Amsterdam.
These amendments reflect changes in the European Union, but do not alter the
Isle of Man's special relationship with the EU as set out in Protocol 3 of the
UK's 1972 Act of Accession. to the Community, as it then was. .
|
|
IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.