The Pak Banker

House of Lords passes EU withdrawal bill

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The EU Withdrawal Bill that would make Britain’s exit from the EU on Jan. 31 has been passed by the House of Lords, Wednesday evening.

The bill was sent back to the upper house of the parliament earlier after various amendments made by the Lords were voted down and removed. The peers did not insist on any of those amendments and paved the way for the bill to become law.

The legislatio­n that will implement the withdrawal agreement negotiated by Prime Minister Boris Johnson with the

EU will now wait for the Royal assent to become law.

According to the bill, the U.K. will leave the EU on Jan. 31 when a transition period, which will expire on Dec. 31, 2020, will kick in.

The EU Withdrawal Agreement Bill passed the first stage of legislativ­e process in October but the process was paused by Johnson when he failed to receive approval on a timetable to make it law, before the previous Brexit deadline of Oct. 31.

Missing the Oct. 31 deadline and being forced to ask for an extension from the EU, Johnson had called early general election after the EU granted an extension until Jan. 31, 2020. Securing a majority in the House of Commons in December poll, Johnson cleared the way for the bill to become a law before the end of January.

The revised deal reached between Johnson and the EU officials include a lighter version of the backstop for Northern Ireland and the right to decide on alignment with the EU for the region’s yet-to-be-formed devolved government.

The backstop clause was the thorniest issue for previous deal reached by former Prime Minister Theresa May, which she repeatedly failed to reach approving numbers in the House of Commons.

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