Post-Brexit bill receives royal assent, becomes law

PM Boris Johnson thanked lawmakers and peers for passing the trade deal with the EU

The post-Brexit trade bill has received the royal assent from Queen Elizabeth II, Commons Speaker Lindsay Hoyle said in the early hours of Thursday, meaning it is now officially law in Britain, dpa reported.

The legislation, officially called the European Union (Future Relationship) Act 2020, sets out the trade rules between Britain and the bloc from 1 January.

On Wednesday, it was presented to British Parliament where elected lawmakers in the House of Commons voted 521 to 73 - a majority of 448 - in support of the deal. It then received an unopposed third reading in the House of Lords after nearly eight hours of debate. Shortly after the House of Lords result, the Queen gave it her official stamp of approval, officially turning the bill into British law.

PM Boris Johnson thanked lawmakers and peers for passing his post-Brexit trade deal. "The destiny of this great country now resides firmly in our hands," he said.

The approval comes after the European Union and Britain signed the post-Brexit deal on Wednesday.

The deal - which provides for zero tariffs and zero quotas between the trading partners - still needs to be ratified by the European Parliament.

The European Commission proposed a period of provisional application until 28 February, but this might be extended if the lawmakers are scheduled to give their approval in March.

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