SCHEDULES

SCHEDULE 5 U.K. Reserved matters

Part II U.K. Specific reservations

Head A – Financial and Economic Matters U.K.

A1. Fiscal, economic and monetary policy U.K.

Section A1.

Fiscal, economic and monetary policy, including the issue and circulation of money, taxes and excise duties, government borrowing and lending, control over United Kingdom public expenditure, the exchange rate and the Bank of England.

Exception

Local taxes to fund local authority expenditure (for example, council tax and non-domestic rates).