Proceeding contribution from John Heppell (Labour) 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 am not aware of the legislation in every country, but I know that some countries' legislation is somewhat stronger than mine. I would not want to go down that route. I want a light finger and a light touch in this legislation; that is why I want only TUPE to be applied. The arguments would be terrible. What about ordinary takeovers? When businesses carry out a takeover, do they say, ““Oh my God—we could not manage this because of TUPE””? No, they do not, because when the rules are applied properly, people do only the things that they should be doing. The Walker guidelines for private equity companies show the things that companies should be doing. I am saying that that needs some backing in law.
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c2039;472 c2037
- 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 23:59:17 +0000
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