- The European Union (Withdrawal) Act 2018 (EUWA) received Royal Assent on 26 June 2018.
- The legislative framework for the UK’s scheduled withdrawal from the EU on 29 March 2019 will be established by the EUWA.
- The EUWA will end the supremacy of EU law in the UK by repealing the European Communities Act 1972.
- To ensure the UK retains a functioning statutory framework after Brexit, the EUWA also preserves EU law as it stands at the moment of exit into UK law through establishing powers for the government to make secondary legislation.
- The EUWA was first introduced to Parliament as the European Union (Withdrawal) Bill 2017-19 on 13 July 2017.
- The House of Lords approved the House of Commons’ amendments to the “meaningful vote” clause on 20 June 2018, concluding the EUWA’s passage through Parliament.
- The EUWA was amended in several significant ways during this period but the core functions remain unamended.
- Primary and secondary legislation must now be amended under the government’s legislative programme in order to ensure that it will function on and after exit day under the EUWA.
Harry’s understanding of the offshore property investor’s requirements has enabled him to provide a comprehensive and bespoke service. He acts for private investors, joint ventures and lenders based in the UK and offshore on commercial residential transactions and restructuring.