Using functional techniques, we prove, to all orders of perturbation theory
, that lattice vector gauge theories with Ginsparg-Wilson fermions are reno
rmalizable. For two or mon massless fermions, they satisfy a flavour mixing
axial vector Ward identity. It involves a lattice specific part that is qu
adratic in the vertex functional and classically irrelevant. We show that i
t stays irrelevant under renormalization. This means that in the continuum
limit the (standard) chiral symmetry becomes restored. In particular, the f
lavour mixing cur-rent does not require renormalization. (C) 2000 Elsevier
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