This
adran has no associated
Nodiadau Esboniadol
5(1)Rights and liabilities under a contract of employment are not transferred by virtue of a scheme if the employee objects to the transfer and informs the transferor or transferee of that fact.E+W
(2)If the employee objects to the transfer and informs the transferor or transferee of that fact—
(a)the employee's contract of employment is terminated immediately before the transfer date, but
(b)the employee is not to be treated, for any purpose, as having been dismissed by the transferor.
Commencement Information
I1Sch. 6 para. 5 in force at 8.9.2008 as it applies in relation to, or makes provision about the tax implications of, schemes under ss. 51 and 65 by S.I. 2008/2358, arts. 2(1), 3(1)