In our second instalment of our corporate transaction series, we look at the vital role that the due diligence process plays in making a success of any transaction. Having made the decision to acquire a business, the buyer will want to maximise the...
What does TUPE stand for?
TUPE refers to the Transfer of Undertakings (Protection of Employment) Regulations. The Regulations commonly apply on the sale of the whole or part of a business.
When does TUPE apply?
They apply to business entities of all sizes and protect employees when the entity or service they work for transfers to a new employer. They maintain continuity of employment.
TUPE can apply where businesses are sold, activities or services are bought in-house or outsourced or a contract for services is moved from one provider to another.
The law dictates that the buyer (‘Transferor’) and seller (‘Transferee’) should follow certain steps including informing and consulting affected employees. We can advise you on the steps that you should follow, guide you through the process and advise you on your liability pre and post transfer.
If you would like to discuss a TUPE transfer, please contact us.