United Kingdom ‘Not Obliged’ to Stump Up Brexit Bill

United Kingdom ‘Not Obliged’ to Stump Up Brexit Bill

The chances of a seamless European Union exit for the United Kingdom have been dealt a blow after the Lords EU Financial Affairs Committee announced the country is “not obliged” to pay a divorce fee for leaving the group.

It’s been reported the UK could be facing a bill of £52 billion as a result of their decision to leave the EU, but a group of peers revealed the UK may choose to leave without paying if a post-Brexit deal fails to be reached:

“Although there are competing interpretations, we conclude that if agreement is not reached, all EU law – including provisions concerning ongoing financial contributions and machinery for adjudication – will cease to apply, and the UK would be subject to no enforceable obligation to make any financial contribution at all.”

The UK will have two years to get its departure affairs in order once Article 50 of the Lisbon Treaty is triggered, but refusing to foot an EU-imposed bill may only help in rocking the boat further.

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