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Legal aspects of Brexit

Ovidiu – Horia Maican ()
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Ovidiu – Horia Maican: Law Department, Bucharest University of Economic Studies

Juridical Tribune (Tribuna Juridica), 2016, vol. 6, issue 2, 252-258

Abstract: The Brexit referendum vote has mainly political implications and no direct legal effect. The article 50 of the Treaty on European Union allows member states to withdraw from the European Union in accordance with its own constitutional requirements. After the referendum is a period of two years from the british notice of intention to withdraw to negotiate terms of exit unless all the other member states agree to extend it. Article 50 put the balance of power firmly in the hands of the 27 other states more than the leaving state. After the time limit in article 50 is expiring, Europen Union in theory law ceases to apply in the United Kingdom. In the same time, separating European law from british national law will be an complicated process.

Keywords: European Union; Brexit; withdrawal; alternatives. (search for similar items in EconPapers)
JEL-codes: K33 (search for similar items in EconPapers)
Date: 2016
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