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| I assume the UK can take the prerogative to take as long as they want to invoke Article 50. I assume Article 50 is not something the EU can invoke on behalf of the UK, and the EU will have to respect all agreements as they stand today until the UK invokes it. | |
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Yup. Currently the ball is in the UK's court. I guess the MPs will be off on their holidays soon so probably earliest would be late this year or early next year.
Tactically, it may pay off to delay so that there is time for the French elections and see if France gets a referendum too and chooses out.