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
Anne, Queen of Great Britain England and Scotland in her first speech to the English Parliament, and a joint Anglo-Scots commission met at her former residence, the Cockpit, to discuss terms in October 1702. The negotiations broke up in early February 1703 having failed to reach an agreement. The Estates of Scotland responded to the Act of Settlement by passing the Act of Security, which gave the Estates the power, if the Queen had no further children, to choose the next Scottish monarch from among the Protestant descendants of the royal line of Scotland. The individual chosen by the Estates could not be the same