Brexit: Take it or leave it?

Author: Charles Proctor

This article was published in Business Traveller on 15 February 2017.

The contents of European treaties do not generally achieve public notoriety. But – after acrimonious parliamentary debates, Supreme Court challenges and yards of press coverage – everyone has now heard of Article 50 of the Lisbon Treaty.

As part of a deal to secure Parliamentary approval to trigger the EU withdrawal process under Article 50, Prime Minister Theresa May conceded that the deal negotiated with the Council of Ministers would be placed before MPs for approval before it goes to the European Parliament, which must consent to any Article 50 deal before it can be formally signed off.

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Charles Proctor, Partner, Fladgate LLP (cproctor@fladgate.com)

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