LONDON (Reuters) - Prime Minister Theresa May on Tuesday offered lawmakers the chance to vote in just over two weeks time on whether to delay Brexit or go for a potentially disorderly no-deal exit from the European Union if her attempt to ratify a divorce deal fails. [L5N20L1KU]

Following are sections of the text from her statement:

Introduction

Mr Speaker, I know what this House needs in order to support a Withdrawal Agreement. The EU knows what is needed. And I am working hard to deliver it.

As well as changes to the backstop, we are also working across a number of other areas to build support for the Withdrawal Agreement and to give the House confidence in the future relationship that the UK and EU will go on to negotiate.

Timings

Mr Speaker, as the government committed to the House last week, we are today publishing the paper assessing our readiness for No Deal.

I believe that if we have to, we will ultimately make a success of a No Deal.

But this paper provides an honest assessment of the very serious challenges it would bring in the short-term – and further reinforces why the best way for this House to honor the referendum result is to leave with a deal.

As I committed to the House, the Government will today table an amendable motion for debate tomorrow.

But I know Members across the House are genuinely worried that time is running out, that if the Government doesn’t come back with a further meaningful vote or it loses that vote, Parliament won’t have time to make its voice heard on the next steps. I know too that members across the House are deeply concerned by the effect of the current uncertainty on businesses.

So today I want to reassure the House by making three further commitments.

First, we will hold a second Meaningful Vote by Tuesday 12 March at the latest.

Second, if the Government has not won a Meaningful Vote by Tuesday 12 March then it will – in addition to its obligations to table a neutral, amendable motion under section 13 of the EU Withdrawal Act – table a motion to be voted on by Wednesday 13 March at the latest, asking this House if it supports leaving the EU without a Withdrawal Agreement and a framework for a future relationship on 29 March.

So the United Kingdom will only leave without a deal on 29 March if there is explicit consent in this House for that outcome.

Third, if the House, having rejected leaving with the deal negotiated with the EU, then rejects leaving on 29 March without a withdrawal agreement and future framework, the Government will, on 14 March, bring forward a motion on whether Parliament wants to seek a short limited extension to Article 50 – and if the House votes for an extension, seek to agree that extension approved by the House with the EU, and bring forward the necessary legislation to change the exit date commensurate with that extension.

Extension

Let me be clear, I do not want to see Article 50 extended. Our absolute focus should be on working to get a deal and leaving on 29 March.

An extension beyond the end of June would mean the UK taking part in the European Parliament elections. What kind of message would that send to the more than 17 million people who voted to leave the EU nearly three years ago now? And the House should be clear that a short extension – not beyond the end of June – would almost certainly have to be a one-off. If we had not taken part in the European Parliament elections, it would be extremely difficult to extend again, so it would create a much sharper cliff edge in a few months’ time.

An extension cannot take no deal off the table. The only way to do that is to revoke Article 50, which I shall not do, or agree a deal.

Wednesday’s vote

Ultimately the choices we face would remain unchanged – leave with a deal, leave with no deal, or have no Brexit.

So when it comes to that motion tomorrow, the House needs to come together, as we did on 29 January, and send a clear message that there is a stable majority in favor of leaving the EU with a deal.