Business Terms and Jargon Explained

What is Co-Decision - EU

The process by which the Council and the European Parliament jointly come to a decision on the text of a piece of legislation.

The aim of the co-decision procedure is to give the European Parliament a role equal to that of the Council in the creation the ECís laws. It gives the European Parliament the power to adopt instruments jointly with the Council . The co-decision procedure provides for the adoption of proposed legislation in the course of one, two or three readings.

© Crown Copyright. Material taken from the DTI - Department for Trade and Industry. Reproduced under the terms and conditions of the Click-Use Licence.

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Chief Rent Indirect Costs Perjury
General Partner Abandon Pro Rata
Yo-yo stock Contempt of Court Oligopoly
Deductible VAT Deed Email client
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Inventory Gross interest Effective Exchange Rate
Blowfish Bail Apostille
Kilowatt hours (kWh) Indicia Collateralised Transactions
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Covenant Arbitration Deregistration

Term created / updated 2007-06-15 19:32:19

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