Brexit: Financial Settlement Debate
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Lord Butler of Brockwell
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Brexit: Financial Settlement
Lord Butler of Brockwell Excerpts(6 years, 3 months ago)
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Lord Callanan
We are confident that there will be a deal but, as I said, if there is no deal, the financial commitment agreed to in the context of a deal will no longer apply. As I said, we will meet our legal commitments.
Lord Butler of Brockwell (CB)
My Lords, as a member of the EU sub-committee chaired by the noble Baroness, Lady Falkner, I can say that the Minister quoted it correctly. There is no enforceable action by law, but the committee never denied that the UK would have moral commitments.
Lord Callanan
I 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.