Financial Liabilities in Boris Deal

Started by Scott777, November 06, 2019, 05:01:45 PM

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Streetwalker

Indeed Scott ,the WA mk2 forwarded by BJ contains many reasons why this can not be accepted by those who have supported UK independence . This 'deal' is not Brexit financially or otherwise and will keep us under  EU control for years to come .

Scott777

Anyone thinking of voting for Boris might like to check this:



Withdrawal Agreement.



ARTICLE 143



1.   The United Kingdom shall be liable to the Union for its share of the contingent financial liabilities of the Union arising from financial operations





ARTICLE 150

1. The United Kingdom shall remain liable, as set out in this Article, for the financial operations

approved by the EIB before the date of entry into force of this Agreement, as further specified in

paragraph 2 ("EIB financial operations"), even if the resulting financial exposure is assumed on or

after the date of entry into force of this Agreement, and shall remain liable for other risks assumed

by the EIB as set out in the second subparagraph.



2. The EIB financial operations shall include loans, guarantees, fund investments, equity

investments, bonds and other loan substitute products, and any other financing operations, with

counterparties or regarding projects inside and outside the territory of the Member States, including

operations guaranteed by third parties including the Member States or the Union.






https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/840655/Agreement_on_the_withdrawal_of_the_United_Kingdom_of_Great_Britain_and_Northern_Ireland_from_the_European_Union_and_the_European_Atomic_Energy_Community.pdf">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/840655/Agreement_on_the_withdrawal_of_the_United_Kingdom_of_Great_Britain_and_Northern_Ireland_from_the_European_Union_and_the_European_Atomic_Energy_Community.pdf
Those princes who have done great things have held good faith of little account, and have known how to craftily circumvent the intellect of men.  Niccolò Machiavelli.