In addition, "The Code" doesn't specify that some power-hungry bureaucrat gets to take her own private little Trotskyite hatchet murder view of commerce as Holy Writ and screw with everybody's national (and quite private) interests.
Taking those two items as starters (plus wondering out loud if BREXIT also includes Ireland), I'd really question exactly how long it's going to be before that EU Minister in particular plus the EU in general gets a very politely and diplomatically stated request from Ireland (at a dead minimum....I'd bet the UK at least would join in) to GFY.
Several billion Euros' worth and without benefit of lubricant....