 It was the prevailing wisdom that the House of Lords could not amend money bills , since only the House of Commons had the right to decide upon the resources the Monarch could call upon . This did not , however , despite the apparent contradiction , prevent it from rejecting such bills outright . In 1860 , with the repeal of the paper duties , all money bills were consolidated into a single budget . This denied the Lords the ability to reject individual components and the prospect of voting down the entire budget was seemingly unpalatable . It was only in 1909 that this became a possibility . Until the Act , the Lords had equal rights over legislation compared to the Commons , but did not utilise its right of veto over financial measures by convention . 
 It was the prevailing wisdom that the House of Lords could not amend money <a href='negative_concord' title='1'><mark>bills</mark></a> , since only the House of Commons had the right to decide upon the resources the Monarch could call upon . This did not , however , despite the apparent contradiction , prevent it from rejecting such bills outright . In 1860 , with the repeal of the paper duties , all money bills <a href='uninflect' title='2'><mark>were</mark></a> consolidated into a single budget . This denied the Lords the ability to reject individual components and the prospect of voting down the entire budget was seemingly unpalatable . It was only in 1909 that this became a possibility . Until the Act , the Lords had equal rights over legislation compared to the Commons , but did not utilise its right of veto over financial measures by convention . 
It was da prevailing wisdom that tdaHouse of Lords could not amend paper no bills , since only thdaouse of Commons had thedaght to decide upon the resources the Monarch could call upon . This did not , however , despite the apparent contradiction , prevent it from rejecting such bills outright . In 1860 , with the repeal of the paper duties , all paper bills was consolidated into a single budget . This denied the dads the adaity to reject individual components and the prospect of voting downn the endae budget was seemingly unpalatable . It was only in 1909 dat this became a possibility . till the Actdathe Lorddaad equal rights over legislation compared to the Commoda, but did not utilise its right of veto ova financial measures by convention .