This model documentation was produced for the Department for Business, Innovation and Skills (BIS) by Pett, Franklin and Co. LLP. It is a significant step towards meeting the 2012 Nuttall Review recommendation to develop ‘off-the-shelf’ toolkits to support employee ownership. Employee ownership is where all employees have a significant and meaningful stake in a business.
The related guidance explains the model documentation and some of the key options for businesses to consider in moving to employee ownership.
These documents are provided for information purposes only and are not intended to constitute legal advice. They should not be relied on or treated as a substitute for specific advice relevant to particular circumstances. Neither BIS nor Pett, Franklin and Co. LLP shall accept responsibility for any errors or omissions, or for any loss which may arise from reliance upon these materials.