Draft Payment Accounts (Amendment) (EU Exit) Regulations 2018 Debate
Full Debate: Read Full DebatePaul Beresford
Main Page: Paul Beresford (Conservative - Mole Valley)Department Debates - View all Paul Beresford's debates with the HM Treasury
(5 years, 10 months ago)
General CommitteesI am grateful to the hon. Members for Oxford East, and for Glasgow Central, for their comments. I will try to respond to as many as possible.
As we have heard, it is only prudent of the Government to make sensible contingency plans for no deal. Frankly, I would be surprised if any hon. Member did not wish us to do so, given that, although our preference is to leave with a deal, leaving without one is the default position—it is the legal position—and is entirely possible, if not necessarily desirable. In this statutory instrument, we are making modest preparations to ensure that equivalent provisions are in place in the event of no deal.
It is interesting; if the Opposition Members who have been protesting actually supported the deal, we would not be in this situation and would not have to worry about this. I must use this opportunity to congratulate and thank the hon. Member for Glasgow Central, because I understood every word she said.