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declare the application for annulment to be admissible;

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annul Article 50 of Regulation (EU) 2018/1971 of the European Parliament and of the Council (1);

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order the European Parliament and the Council of the European Union to pay the applicant’s legal and other costs and expenses in relation to this matter.

1.

First plea in law, alleging that Article 50 of the contested regulation is invalid by reason of the inadequacy of Article 114 TFEU as a legal basis.

2.

Second plea in law, alleging that Article 50 of the contested regulation is in breach of the principle of subsidiarity and lacks motivation.

3.

Third plea in law, alleging that Article 50 of the contested regulation in in breach of the principle of proportionality and lacks motivation.

4.

Fourth plea in law, alleging that the procedure followed for the adoption of Article 50 of the contested regulation infringed the Better Regulation principles.

5.

Fifth plea in law, alleging that Article 50 of the contested regulation limits the applicant’s fundamental right to property and freedom to conduct a business.