The Retained EU Law (Revocation and Reform) Bill, sometimes known as the ‘Brexit Freedoms Bill’, imposes a ‘sunset clause’ on large parts of the EU law that was held over in UK law after Brexit. It also gives ministers very wide powers to restate or replace EU law, and changes the interpretation of such retained EU law as survives. It will have a wide-ranging effect on UK law, though its implications in the tax field may well be qualified by specific provisions in future Finance Acts.
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The Retained EU Law (Revocation and Reform) Bill, sometimes known as the ‘Brexit Freedoms Bill’, imposes a ‘sunset clause’ on large parts of the EU law that was held over in UK law after Brexit. It also gives ministers very wide powers to restate or replace EU law, and changes the interpretation of such retained EU law as survives. It will have a wide-ranging effect on UK law, though its implications in the tax field may well be qualified by specific provisions in future Finance Acts.
If you are not a subscriber, subscribe now to read this content.
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