Implementation and financing of the general budget of the Union in 2019 in relation to the withdrawal of the United Kingdom from the Union
The European Parliament adopted by 569 votes to 21, with 23 abstentions, a legislative resolution on the draft Council regulation on measures concerning the implementation and financing of the general budget of the Union in 2019 in relation to the withdrawal of the United Kingdom from the Union.
Parliament has given its consent to the draft Council Regulation.
The proposed Regulation seeks to lay down rules on the relations between the Union on the one hand, and the United Kingdom and its beneficiaries on the other as regards the financing and implementation of the general budget of the Union (the budget) in 2019. It also seeks to avoid, or at least minimise, any unnecessary disruption for beneficiaries of EU spending programmes and other actions at the time of withdrawal, also with the expectation that this will facilitate a financial settlement between the Union and the United Kingdom.
The Council's draft defines the conditions under which the United Kingdom and persons and entities established in the United Kingdom could continue to be eligible in 2019 with regard to the agreements signed with them and the decisions adopted with regard to them until the date on which the Treaties cease to apply to and in the United Kingdom (date of withdrawal).