The Bill seeks to introduce greater employment protection for employees who work in businesses which are changing ownership by share transfer. Key areasThe Bill proposes to make certain provisions of the transfer of undertakings regulations (known as TUPE) apply where there is an ‘equity transfer’Powers are given to the Secretary of State to define in detail the scope of transactions that would be caught by the provisions.The Bill was withdrawn at Second Reading.
House of Commons
7 May 2008
This Bill would extend some protections from the TUPE rules to situations where a business changes hands through a share sale (an equity transfer). It would give the Secretary of State the power to define exactly which transactions are covered. The Bill was withdrawn at the Second Reading in the House of Commons, so it did not progress further.
The Bill was withdrawn at the Second Reading in the House of Commons, so it did not progress to Committee or third reading.
Generated 21 February 2026
No recorded votes for this bill yet.
