Veto veto ("withholding Royal Assent") was last exercised in 1708 by Queen Anne with the Scottish Militia Bill 1708. The House of Lords used to have an effective power of veto by refusing to concur in bills adopted by the House of Commons. However, reform first by a Liberal government and then by a Labour government has limited its powers. The Parliament Acts of 1911 and 1949 reduced its powers: they can now only amend and delay legislation. They can delay legislation for up to one year. Under the 1911 Act, money bills (those concerning finance) cannot be delayed, and under
3rd Parliament of Queen Elizabeth I 3rd Parliament of Queen Elizabeth I The 3rd Parliament of Queen Elizabeth I was summoned by Queen Elizabeth I on 17 February 1571 and assembled on 2 April 1571. The number of Members of Parliament (MPs) had grown from 402 to 438 since the last Parliament of 1559. To head off the usual problems caused by religious debate and calls for her to marry, Elizabeth instructed Parliament to deal with other issues and appointed lawyer Christopher Wray as Speaker of the House of Commons. However, a number of bills concerning religious practices were introduced, only two of which were passed