OpenLegislation

Section 47G Employee shareholder statusF1

England, Wales and Scotland

(1)

An employee has the right not to be subjected to a detriment by any act, or any deliberate failure to act, by the employee's employer done on the ground that the employee refused to accept an offer by the employer for the employee to become an employee shareholder (within the meaning of section 205A).

(2)

This section does not apply if the detriment in question amounts to dismissal within the meaning of Part 10.

Annotations

Textual amendments

F1

S. 47G inserted (1.9.2013) by Growth and Infrastructure Act 2013 (c. 27), ss. 31(2), 35(1); S.I. 2013/1766, art. 2

Notes on the whole Act

Textual amendments

F1

Part 2B heading and s. 27C inserted (E.W.S.) (31.7.2023 for specified purposes, 1.10.2024 in so far as not already in force) by Employment (Allocation of Tips) Act 2023 (c. 13), ss. 1, 14(2); S.I. 2023/876, reg. 3(a); S.I. 2024/829, reg. 3(a)