European Union (Withdrawal) Bill

I have listened very carefully to the noble Lord, but what would be the terms? We do not know for sure that we can lift our Article 50, but nor do we know—and nor would we know if a referendum were called—what terms we could return on. Would we get the same rebate? Would we have to undertake to join Schengen or the euro and so forth? Surely, we cannot assume that 27 countries will give us a completely clean return. Therefore, it would be rather difficult to know what the two options for the referendum were.