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Where a business is bought or sold, both the old and new employers have to make suitable provision for the existing workforce. These employees have legal rights under the Transfer of Undertakings (Protection of Employment) Regulations 2006 (known as TUPE) which are preserved if a business changes hands, so they cannot simply have their contract of employment terminated. If you are planning to buy or sell a business – or part of one – you should always seek legal advice to ensure you comply with these complex regulations. Members can call the Forum’s member helpline on 01565 626001. These templates