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According to Article 50 of the Treaty on European Union, which of the following accurately describes the procedure for concluding a withdrawal agreement and the conditions under which the Treaties cease to apply? A The agreement is concluded by the European Commission acting by a qualified majority after obtaining the consent of the Council, and the Treaties cease to apply two years after notification. B The agreement is concluded by the Council acting by a qualified majority after obtaining the approval of the Member States, and the Treaties cease to apply two years after notification. C The agreement is concluded by the Council acting by a qualified majority after obtaining the consent of the European Parliament, and the Treaties cease to apply from the date of entry into force of the withdrawal agreement or, failing that, two years after notification unless the European Council unanimously decides to extend this period. D The Treaties cease to apply immediately upon notification, unless the European Council unanimously decides to extend this period.
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