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According to Article 50 of the Treaty on European Union, which statement accurately describes the procedure for a Member State to withdraw from the Union?
A
The withdrawal agreement is concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
B
The Council concludes the agreement by unanimity, and the European Parliament must give its approval rather than consent.
C
The Treaties cease to apply immediately upon the notification of intention, unless the European Council decides unanimously to extend the withdrawal period.
D
The withdrawal agreement is concluded by the European Council, acting unanimously, after consulting the European Parliament.
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