The Growth and Infrastructure Act 2013 (Commencement No. 3 and Savings) Order 2013 was made on 14 July: see here. Article 2 of the Order brings into force, on 1 September 2013, section 31 of the Growth and Infrastructure Act 2013. Section 31 of the Act inserts, into the Employment Rights Act 1996, a new section: section 205A. Section 205A contains the new 'employee shareholder' framework.
A related Order, The Finance Act 2013, Schedule 23 (Employee Shareholder Shares) (Appointed Day) Order 2013, has also been made: see here.
Friday, 19 July 2013
UK: The Growth and Infrastructure Act 2013 (Commencement No. 3 and Savings) Order 2013
The Growth and Infrastructure Act 2013 (Commencement No. 3 and Savings) Order 2013 was made on 14 July: see here. Article 2 of the Order brings into force, on 1 September 2013, section 31 of the Growth and Infrastructure Act 2013. Section 31 of the Act inserts, into the Employment Rights Act 1996, a new section: section 205A. Section 205A contains the new 'employee shareholder' framework.
A related Order, The Finance Act 2013, Schedule 23 (Employee Shareholder Shares) (Appointed Day) Order 2013, has also been made: see here.
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