Corporate Matters — January 2014: TUPE changes — point to note
Changes to the TUPE regulations came into effect on 31 January 2014. What are the main implications for corporate finance?
Generally speaking, the amendments to the TUPE Regulations are business friendly. The government appears to have listened to business concerns and the new regime should be, albeit only marginally, simpler than its predecessor. Purchasers of businesses — in respect of which TUPE will apply — should note the following…
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