Proceeding contribution from Baroness Burt of Solihull (Liberal Democrat) in the House of Commons on Friday, 7 March 2008. It occurred during Debate on bill on Private Equity (Transfer of Undertakings and Protection of Employment) Bill.
Private Equity (Transfer of Undertakings and Protection of Employment) Bill
I thank the hon. Gentleman for giving way; he is being patient. He is saying that the TUPE regulations are not to be altered in any way, shape or form. From briefings that I have received from the CBI, I understand that it believes that the regulations are indeed changed and that all such business—whether a share takeover or the transfer of a business to another owner—would be disadvantaged. That is one of the CBI's core problems. For example, a potential injunction is allowed to be taken out pending a share sale, and the CBI fears that that could delay and disadvantage any acquisition or merger about to take place. Will the hon. Gentleman confirm or deny that?
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c2038;472 c2036
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Conditions of employment Companies Dismissal Mergers Takeovers Private equity
- Legislation
- Private Equity (Transfer of Undertakings and Protection of Employment) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:59:16 +0000
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