Business Law

Business virtue Question 1 The E.U. has a vast consecrate of bodies that could have an influence on Scottish Law e.g. consumer rights or financial matters. The Economic and Monetary Union introduced the Euro and value-added tax as the main tax on spending. The European fantan is do up of Members of the European Parliament (M.E.PS). Scotland has six sh ares elected by constituents votes. The main role of the European Parliament is to consider and pass laws. However it has to confer and surround with the Council of Ministers on new proposals, unlike Scottish Parliament that piece of tail right off pass legislation. The process is described as the co-decision procedure as both parties have to agree although the European Parliament has the berth of veto. The European Council is made up of 6 representatives from each member plain and they are major players in the law making process. Their meetings provide strategic railion and give a secure indication of future bodily processs. The European Parliament and the European Council school together to wee new laws. There are devil ways in which these are passed through. Regulations which have a direct effect as these are laws that are use in the form as they stand, they are put into action smashing away. Directives have to be implemented in a garnish time frame, normally two years.

These are fortune push through aims that the new law hopes to achieve entirely the member country watchs how to implement it. The European Union create laws based on decisions made by the European speak to of Justice (ECJ). It deals wi th questions referred to it by National Cour! ts if they fit within the European Community Law. The ECJ decide on the meaning of pieces of legislation creation questioned and set a precedent that all member countries mustiness then incorporate in its National law. European Council apprise make recommendations and opinions on how certain matters and laws should be interpreted. Although they dont need to be adhered to by law they should be considered...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com

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