In case you're interested:

 

Here is an annotated text of the exit provision of the treaty of Lisbon.
It's not too long and very lucid.  

 

http://blogs.ft.com/brusselsblog/2016/06/24/the-article-50-brexit-clause-exp
lained-the-fts-annotated-text/

 

And here, for anybody who doesn't have the patience, is the wrap-up
paragraph: 

 

The question of what a Leave vote means is becoming a central feature of the
referendum campaign. Boris Johnson, the London Mayor, and Michael Howard,
the former Conservative party leader, have both argued that a vote to leave
may give Britain the leverage it needs to extract a better deal from the EU.
There may be no need to invoke Article 50. A new EU membership deal could
even be put to a second referendum. The hitch? Britain may not have a
negotiating partner. MEPs and some EU states are agitating for a clean,
quick divorce. And all EU leaders are insisting that Article 50 is invoked
before serious talks can begin. As one senior officials said: "no
negotiations without notification".

 

Nick

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