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Even before the passage of the Parliament Acts, the Commons possessed pre-eminence in cases of financial matters. By ancient custom, the House of Lords may not introduce a bill relating to taxation or [[Supply]], nor amend a bill so as to insert a provision relating to taxation or Supply, nor amend a Supply Bill in any way. The House of Commons is free to waive this privilege, and sometimes does so to allow the House of Lords to pass amendments with financial implications. The House of Lords remains free to reject bills relating to Supply and taxation, but may be overruled easily if the bills are Money Bills. (A bill relating to revenue and Supply may not be a Money Bill if, for example, it includes subjects other than national taxation and public funds).
TheTahap lastterakhir stagebil ofmelibatkan amemberikan bill involves the granting of thekeiznan [[Royal Assent]]. TheoreticallySecara teori, the SovereignRaja maydapat eithersama grantada themeluluskan Royal Assent (that isiaitu, makemembuat thebil billsuatu a lawundang-undang) oratau withhold itmenariknya (that is, vetoiaitu thememveto billbil). UnderDi modernbawah conventionskonvensyen themoden Sovereign alwayssentiasa grantsmemberikan theizin Royal Assent, indalam thekata-kata [[Anglo-Inggeris Norman|Perancis Norman French]] words "{{lang|xno|La reyne le veult}}" (theRatu Queen wishes itmengingininya). The lastPenolakan refusalterakhir tountuk grantmemberikan theizin Assent wasadalah inpada 1708, whenapabila [[Anne ofdari Great Britain|QueenRatu Anne]] withheld hermenarik Assent frombaginda adari billsebuah bil "foruntuk themenyelesaikan settlingTentera ofAwam Militia indi Scotland", indalam the wordskata-kata "{{lang|xno|La reyne s'avisera}}" (the QueenRatu willakan thinkmemikirkannya itterlebih overdahulu).
Oleh, setiap bil memperolehi assent dari ketiga-tiga komponen Parlimen sebelum ia menjadi undang-undang (kecuali di mana Dewan Pertuanan diatasi di bawah [[Akta Parlimen]]). Kata-kata "SAMA ADA IA DIGUBALKAN oleh Ratu [Raja] yang Teramat Mulia, oleh dan dengan nasihat dan keizinan Tuan Rohaniah dan Temporal, dan Dewan Rakyat, dalam Parlimen kini berhimpun, menurut dengan peruntukan Akta Parlimen 1911 dan 1949, dan mengikut pihak berkuasa sama, seperti yang berikut:-"bermuncul berhampiran permulaan setiap Akta Parlimen. KAta-kata ini digelar [[menggubal rumusan]].
Thus, every bill obtains the assent of all three components of Parliament before it becomes law (except where the House of Lords is over-ridden under the [[Parliament Acts]]). The words "BE IT ENACTED by the Queen's [King's] most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:-", or, where the House of Lords' authority has been overridden by use of the Parliament Acts, the words "BE IT ENACTED by The Queen's [King's] most Excellent Majesty, by and with the advice and consent of the Commons in this present Parliament assembled, in accordance with the provisions of the Parliament Acts 1911 and 1949, and by the authority of the same, as follows:-" appear near the beginning of each Act of Parliament. These words are known as the [[enacting formula]].
== Fungsi mahkamah ==
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