Following the tumultuous events of the last few weeks, we (Technical Assistance Partnership) have been considering the news of the vote to leave the EU and its potential impact in relation to the future of the European Structural and Investment Funds.
Whilst we are aware that the vote to leave will have far reaching implications, the consequences of the vote to leave will only emerge over time and therefore we cannot comment on what this will mean in practical terms at the moment. The timescales for change mean that it must remain ‘business as usual’ for the foreseeable future.
In due course the UK government will serve notice to leave the EU under Article 50 of the EU Treaty but only then does it trigger the two year process to agree the process for exit. It may take additional time to formally exit the EU. While we will inevitably see changes in UK legislation, this will not happen immediately, and EU legislation and agreements remain applicable until formally removed. This will include the same mandatory respect for issues such as EU State aid law and the public procurement rules, until further notice.
We shall be paying close attention to developments and will endeavour to keep all partners abreast of any updates as and when they are made clear.
Regards
Technical Assistance Partnership
East Riding of Yorkshire Council
County Hall
Beverley
HU17 9BA