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?
Private Equity (Transfer of Undertakings and Protection of Employment) Bill
Proceeding contribution from
Baroness Burt of Solihull
(Liberal Democrat)
in the House of Commons on Friday, 7 March 2008.
It occurred during Debate on bills on Private Equity (Transfer of Undertakings and Protection of Employment) Bill.
Type
Proceeding contribution
Reference
472 c2038;472 c2036 
Session
2007-08
Chamber / Committee
House of Commons chamber
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2023-12-15 23:59:16 +0000
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