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Secretary of State to define in detail the scope of transactions that would be caught by the provisions.The Bill was withdrawn at Second Reading.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
May contain errors — check source documents for definitive information.
This Bill would extend some protections under TUPE to employees when a business changes ownership by share transfer (an equity transfer). It would give the Secretary of State power to specify exactly which transactions are covered, defining the scope of the new protections. The Bill was introduced in the House of Commons but was withdrawn at its Second Reading and did not become law.
Introduced in the Commons (First Reading 5 December 2007) and reached a Second Reading on 7 March 2008. It was withdrawn after the Second Reading and did not progress to Committee or become law.
Generated 21 February 2026
5 Dec 2007
7 Mar 2008
No recorded votes for this bill yet.
