Brexit: Financial Settlement Debate
Full Debate: Read Full DebateLord Mackay of Clashfern
Main Page: Lord Mackay of Clashfern (Conservative - Life peer)Department Debates - View all Lord Mackay of Clashfern's debates with the Department for Exiting the European Union
(6 years, 3 months ago)
Lords ChamberI hope we will not get into these scenarios. The Vienna Convention on the Law of Treaties 1969 has been mentioned and that might also apply in such circumstances but, as I said, we do not want to get into these scenarios. We are confident that we will reach a deal and as part of that deal we have agreed a financial package.
My Lords, it will not surprise any of us that there should be differences of legal opinion about this sort of question. I hope the Government will be able to press forward with the best proposal I have seen—the one agreed at Chequers—in order that this becomes a purely academic question.
Obviously, it is to be hoped that we do not get into any disputes. We remain committed to the Chequers deal; as I said yesterday, we are awaiting a formal response from the EU. We think it is a good proposal, involving compromise on our behalf. We need now to see similar movement and compromise on the EU’s behalf.