It may help the noble Baroness if I state again that the employee shareholder agreement between the employer and employee is a specific new contract for a new employment status. However, if, for example, the employer has not fulfilled the basic criteria for ensuring that the employee is properly included and for meeting the criteria for that employee to be an employee shareholder, there is a default position whereby the employee shareholder would revert to being an employee or worker, whatever is applicable. There is a safeguard in place for them.
Growth and Infrastructure Bill
Proceeding contribution from
Viscount Younger of Leckie
(Conservative)
in the House of Lords on Wednesday, 6 February 2013.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Growth and Infrastructure Bill.
Type
Proceeding contribution
Reference
743 c299 
Session
2012-13
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2016-04-05 11:52:25 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2013-02-06/13020695000024
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Lords/2013-02-06/13020695000024
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Lords/2013-02-06/13020695000024