The British government is confident it can get legislation to begin the process of transferring European Union law into British law through parliament, Prime Minister Theresa May’s deputy said on Monday.
The Repeal Bill, which the government says will help achieve a smooth transition as Britain leaves the EU, will transpose EU law and also repeal the 1972 European Communities Act which formalises Britain’s EU membership.
“I’m confident that we can get this legislation through parliament,” First Secretary of State Damian Green, who is effectively May’s deputy, told Sky News, adding that he expected lots of debate along the way.
USD/CAD Canadian Dollar Higher on Strong Jobs Report Ahead of BoC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.