Under the terms of the European Council Decision of 28 October, the UK’s full membership of the EU has now been extended to 31 January 2020, unless the revised Withdrawal Agreement is ratified in time to allow for an earlier exit.
UK ratification procedures are currently on hold as a result of the subsequent calling of a General Election for 12 December.
If the revised Withdrawal Agreement is ratified within the new deadline, the UK will enter a period of transition until at least 31 December 2020, during which negotiations on a new future relationship will take place. In that period existing trade and regulatory arrangements will continue to apply on a ‘business as usual’ basis.
In the absence of ratification, or a further extension, we would again face the possibility of leaving without a deal on 31 January 2020.
The material on this site has been prepared for such a contingency. We will continue to update it in the light of developments.
A similar situation could arise if there is neither agreement nor extension in respect of determining a future relationship, though the terms of the Withdrawal Agreement would already be in force in such circumstances.
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