Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE): Protects employees' rights during business transfers and ensures automatic transfer of employment contracts. This is a crucial legislation for any business transfer in the UK.
Companies Act 2006: Primary legislation governing company operations in the UK, including regulations for share transfers, directors' duties, and corporate governance requirements.
Employment Rights Act 1996: Fundamental employment legislation that outlines basic employment rights and must be considered when transferring employees as part of the business.
Equality Act 2010: Ensures protection against discrimination in the workplace and must be maintained during and after business transfer.
Pensions Act 2004: Governs pension schemes and protects pension rights during business transfers.
Law of Property Act 1925: Fundamental legislation governing property rights and transfers, relevant when the business transfer includes real estate.
Sale of Goods Act 1979: Regulates the transfer of business assets and inventory as part of the business sale.
UK GDPR: Regulates the processing and transfer of personal data, crucial for handling customer and employee information during business transfers.
Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR for personal data protection.
Trade Marks Act 1994: Governs the transfer of trademark rights as part of the business sale.
Copyright, Designs and Patents Act 1988: Regulates the transfer of intellectual property rights including copyrights, designs, and patents.
Value Added Tax Act 1994: Governs VAT implications of business transfers and asset sales.
Capital Gains Tax regulations: Determines tax implications on capital gains realized from the business transfer.
Corporation Tax Act 2010: Governs corporate tax implications of business transfers and related transactions.
