- The withdrawing state must notify the European Council of its intention;
- The EU will negotiate the terms of the Exit with the withdrawing state and set out the arrangements for the withdrawal;
- Two years after the date of notification, the withdrawing state will no longer be in the EU.
Although the Leave vote in the recent referendum has created significant waves in many areas of life, it may help for employers to realise that there will be no immediate change to anything; the laws that applied before 23rd June will still continue to apply for a considerable amount of time yet. The UK will remain part of the EU until it officially exits the EU. There has been a lot of press coverage about ‘Article 50’ of the Lisbon Treaty; this contains the 5 point process which member states use to leave the EU should they wish to. In brief, it says: