UK’s Financial Obligations Post-Brexit

5 September, 2019

Sam Wordsworth QC was invited to give expert evidence on 4 September to the ‘no deal’ financial obligations enquiry conducted by the House of Lords sub-committee on EU financial affairs. The evidence can be seen here. The questions posed by the committee focused on whether the UK has financial obligations to pay into the EU budget subsequent to a withdrawal from the EU Treaties becoming effective, and how such obligations compare to those that would have come into existence with the Withdrawal Agreement. In brief, Sam Wordsworth’s evidence was that the UK would have certain crystallised financial obligations on withdrawal in a ‘no deal’ scenario pursuant to Article 50 of the Treaty on European Union as interpreted and applied consistent with Article 70 of the Vienna Convention on the Law of Treaties.

The written submission of Sam Wordsworth/Sean Aughey is available here.