Brexit

(asked on 8th January 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what measures are in place under the terms of the proposed UK-EU Withdrawal Agreement to ensure that the UK can (a) maintain, (b) oversee and (c) carry influence over those matters for which the UK could be held responsible for contingent liabilities after 29 March 2019.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 11th January 2019

We have reached a fair financial settlement with the EU, honouring commitments we made during our period of membership, and have ensured a fair deal for UK taxpayers. The Withdrawal Agreement gives the UK audit rights with respect to the implementation of the financial provisions of the withdrawal agreement, including, contingent liabilities. On the UK’s request, the EU will provide these auditors with information and assistance to allow them to assure the implementation of the financial settlement. The application of these rights will be a significant source of assurance for Parliament in respect of payments under the financial settlement.

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