In case you’re interested:
Here is an annotated text of the exit provision of the treaty of Lisbon. It’s not too long and very lucid.
http://blogs.ft.com/brusselsblog/2016/06/24/the-article-50-brexit-clause-explained-the-fts-annotated-text/
And here, for anybody who doesn’t have the patience, is the wrap-up paragraph:
The question of what a Leave vote means is becoming a central feature of the referendum campaign. Boris Johnson, the London Mayor, and Michael Howard, the former Conservative party leader, have both argued that a vote to leave may give Britain the leverage it needs to extract a better deal from the EU. There may be no need to invoke Article 50. A new EU membership deal could even be put to a second referendum. The hitch? Britain may not have a negotiating partner. MEPs and some EU states are agitating for a clean, quick divorce. And all EU leaders are insisting that Article 50 is invoked before serious talks can begin. As one senior officials said: "no negotiations without notification".
Nick
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