Consultation outcome

Amending the perpetuities rule and simplifying employee ownership

This consultation was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

Detail of outcome

Summary of the evidence received with regard to:

There is insufficient evidence at this point to take the Nuttall recommendation on the perpetuity rule any further, but the issue may be reconsidered when such evidence is forthcoming. There was little evidence received with regard to any other complexities of employee ownership.

Original consultation

This consultation ran from to


The government is seeking evidence and views on how we can further simplify the use of employee ownership.


Consultation description

This call for evidence seeks views on what government can do to further simplify the use of employee ownership.

It also seeks evidence from UK stakeholders on recommendation in the Nuttall Review of Employee Ownership. This recommended that employee benefit trusts should be able to last forever, and should not be subject to the rule against perpetuities. The rule against perpetuities prevents property from being tied up indefinitely.