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Old 5th Jan 2019, 11:58
  #2423 (permalink)  
ORAC
Ecce Homo! Loquitur...
 
Join Date: Jul 2000
Location: Peripatetic
Posts: 9,915
Question: Does a No Deal Brexit cause the UK to immediately stop all payments (39 billion has been bandied about) to the EU?
Legally, yes. Payments to the EU are made under legal provisions of the 1972 European Communities Act, the 2018 EU (Withdrawal) Act which fixes “exit day” from the EU and the repeal of the 1972 Act, as 11.00 p.m. on 29 March 2019, unless both the EU and UK agree to extend the date.

That does not mean the UK does not have both a moral and self-interest in continuing to make substantial payments to the EU for varying periods covering both items such as pensions and ongoing participation in various projects and agreements - just that the legal basis for the payments will have been repealed, and the treasury cannot just hand over billions to the EU without the legal authority to do so from parliament. How much should and will the UK pay? that is a subject to major debate and contingent on which projects the EU is willing to allow the UK to participate in, set against the payments already agreed to; I have seen figures of a totals between 2-40B spread over up to 40 years.

However, as continuously stated, "no-deal" just means lots of very late mini-deals and agreements, and I would expect many of these to include payments of various sorts, based on various conditions and forecasts, over many individual areas.
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