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
Veto refuse to sign a bill and return it to Parliament with his proposals. If the parliament agrees on his proposals, the President must sign the bill. Parliament may overturn a veto by a two-thirds majority. If Parliament overturns his veto, the President must sign the bill within 10 days. In the constitution Poland or the Polish–Lithuanian Commonwealth in the 17th and 18th centuries, there was an institution called the liberum veto. All bills had to pass the "Sejm" or "Seimas" (Parliament) by unanimous consent, and if any legislator voted "nay" on anything, this not only vetoed that bill but also