Theresa May set to trigger BREXIT

theresa-may-article-50British Prime Minister Theresa May has won a crucial vote in the UK Parliament, which will give her the authority to officially trigger Brexit and start negotiations for leaving the 28-member European Union. House of Commons, the lower house of British Parliament passed legislation on 8 February 2017, authorising Prime Minister Theresa May’s government to initiate Brexit talks with the European Union.


The European Union (Notification of Withdrawal) Bill had its final debate and vote last night to allow the British Prime Minister to invoke Article 50 of the Lisbon Treaty to begin a two-year period of negotiations for the UK’s new deal as a non-member of the European Union (EU) by 2019.

Key Highlights:

legislation-on-brexit

  • The historic legislation witnessed 494 Members of the Parliament voting in favour of Brexit and just 122 against. Among the MPs who voted against the bill, 52 were labour MPs,  the leading opposition party, who went against their party leader Jeremy Corbyn’s orders of backing the bill.
  • The Commons debated the last set of amendments to the Bill, including on key principles for the negotiation process, before the bill went on to its third and final reading for the vote.
  • So far the bill had passed two days of debate in the Lower House of the UK Parliament without being altered.
  • It will now be sent to the second chamber of UK Parliament, House of Lords, also known as the upper house of the British Parliament.
  • The House of Lords will be posed with two options:

             1. Approve the bill after several readings and debates and pass it on for royal assent to be turned into a law.

             2. Make amendments and send the bill back to the House of Commons for further debate and votes.

  • At most, the upper house can force the lower house to reconsider their decision but it cannot prevent the bill from being passed.
  • So, the bill is most likely to become a law within the coming few weeks, right as per the deadline set by Theresa May.

may-at-house-of-commonsThe British Prime Minister has vowed to set off Article 50 of the Lisbon Treaty, the legal method to start Britain’s exit from the EU, by the end of March 2017.

According to David Davis, the Secretary of State for exiting the EU, the final legislation was preceded by a healthy and serious debate with contributions from MPs representing all parts of the UK. He further added that the Brexit decision was taken by the people of Britain and so, it is vital for everyone to now unite to make the task successful.

What is Article 50?

  • The Lisbon Treaty, which became law in December 2009, is designed to make the EU “more democratic, more transparent and more efficient” and is an agreement signed by the heads of state and governments of countries that are EU members.

When will it be triggered?

  • Theresa May finally revealed ahead of her first speech as Prime Minister at the Tory Party Conference that she would trigger Article 50 no later than the end of March 2017. That means Britain should officially leave the EU no later than April 2019.

How long will it take?

  • The process is supposed to take two years but many people believe that it could take longer.
  • Triggering Article 50, formally notifying the intention to withdraw, starts the clock running. After that, the Treaties that govern membership no longer apply to Britain.  The terms of exit will be negotiated between Britain’s 27 counterparts, and each will have a veto over the conditions.
  • It will also be subject to ratification in national parliaments, meaning, for example, that Belgian MPs could stymie the entire process.
  • Two vast negotiating teams will be created, far larger than those seen in the British renegotiation. The EU side is likely to be headed by one of the current Commissioners.
  • Untying Britain from the old membership is the easy bit. Harder would be agreeing a new trading relationship, establishing what tariffs and other barriers to entry are permitted, and agreeing on obligations such as free movement. Such a process, EU leaders claim, could take another five years.

What does Article 50 actually say?

article-50-the-lisbon-treaty-of-the-eu

There are five elements to Article 50 of the Treaty of Lisbon:

  1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements.
  2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
  3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.
  4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it. A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.
  5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49.

How could the UK create a new life outside of the EU quickly?

britains-trade

To standup of there own like british golden days and to cutoff the shackles Britain needs to re-regulate itself.

It means that the Government would have to perform three acts simultaneously:

1. Negotiate a new deal with Brussels

2. Win a series of major bilateral trade deals around the World.

3. Revise its own governance as EU law recedes

  • Running the show would be an effective “Ministry for Brexit”, under a senior minister.
  • Officials expect the scrapping of EU law could result in an avalanche of new legislation in every corner of Whitehall – perhaps 25 Bills in every Queen’s Speech for a decade.
  • Hundreds of Treasury lawyers and experts would have to be hired for areas – such as health and safety, financial services and employment – where Britain had lost competence to Brussels. Meanwhile, a Trade Ministry will be required, with hundreds of new negotiators, to establish new deals around the world.
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