{"longTitle":null,"summary":"The Bill seeks to introduce greater employment protection for employees who work in businesses which are changing ownership by share transfer. <br><br>Key areas<br><ul><li>The Bill proposes to make certain provisions of the transfer of undertakings regulations (known as TUPE) apply where there is an &lsquo;equity transfer&rsquo;</li></ul><ul><li>Powers are given to the Secretary of State to define in detail the scope of transactions that would be caught by the provisions.</li></ul>The Bill was withdrawn at Second Reading.","sponsors":[{"member":{"memberId":363,"name":"Mr John Heppell","party":"Labour","partyColour":"d50000","house":"Commons","memberPhoto":"https://members-api.parliament.uk/api/Members/363/Thumbnail","memberPage":"https://members.parliament.uk/member/363/contact","memberFrom":"Nottingham East"},"organisation":null,"sortOrder":1}],"promoters":[],"petitioningPeriod":null,"petitionInformation":null,"agent":null,"billId":226,"shortTitle":"Private Equity (Transfer of Undertakings and Protection of Employment) Bill","formerShortTitle":null,"currentHouse":"Commons","originatingHouse":"Commons","lastUpdate":"2008-05-07T13:47:00","billWithdrawn":null,"isDefeated":false,"billTypeId":7,"introducedSessionId":21,"includedSessionIds":[21],"isAct":false,"currentStage":{"id":1162,"stageId":7,"sessionId":21,"description":"2nd reading","abbreviation":"2R","house":"Commons","stageSittings":[{"id":1059,"stageId":7,"billStageId":1162,"billId":226,"date":"2008-03-07T00:00:00"}],"sortOrder":2}}