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Article 10 Brexit Adjustment Reserve

United Kingdom

Original text. Later amendments are not shown.

1.

A Brexit Adjustment Reserve shall provide assistance to counter unforeseen and adverse consequences in Member States and sectors that are worst affected by the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, subject to and in accordance with the conditions set out in the relevant instrument.

2.

The Brexit Adjustment Reserve shall not exceed an amount of EUR 5 000 million (in 2018 prices).

3.

The appropriations for the Brexit Adjustment Reserve shall be entered into the general budget of the Union as a provision.