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
Parliament Act 1911 the Commons. The Fixed-term Parliaments Act 2011, in contrast, calls for general elections every five years (unless called sooner, as in 2017), and provides for dissolution of Parliament only by operation of law prior to each election; it abolished dissolution under the Royal Prerogative. The Lords continued to suggest amendments to money bills over which it had no right of veto; and in several instances these were accepted by the Commons. These included the China Indemnity Bill 1925 and the Inshore Fishing Industry Bill 1947. The use of the Lords' now temporary veto remains a powerful check on legislation. It