Brexit: Transition Period Debate
Full Debate: Read Full DebateDepartment: Department for Exiting the European Union
Lord Mountevans
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(6 years, 8 months ago)
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Noble Lords
Lord Mountevans (CB)
Would the Minister see merit in the implementation period having two elements—first, a bridging period to cover the time between exit and when the agreement is ratified and becomes unconditional, and, secondly, an adaptation period, starting on the expiry of the bridging period? This would enable businesses to be clearer and to adapt to whatever is finally agreed.
Lord Callanan
We set out in the agreement that we reached with the EU how we see the implementation period working, which is pretty much to maintain the existing arrangements in place to provide certainty for businesses.