European Union Bill

What I was talking about was the transfer of great powers, which would be permanent; what the noble Lord has been discussing is matters of emergency. Those are quite different because, for example, on the financial crisis that has blown up in the European Union, it is perfectly possible for the Government—indeed, the Government alone, backed later by Parliament—to make decisions that might last for five years, but would nevertheless not be permanent transfers of power. That was what I was trying to get at.