Employment Rights Act 1996: Primary legislation covering basic employment rights, statutory notice periods, unfair dismissal provisions, and redundancy payments. Section 203 specifically deals with requirements for valid waiver of statutory employment rights.
Equality Act 2010: Legislation ensuring protection against discrimination and that severance terms are not discriminatory based on protected characteristics. Section 147 specifically covers requirements for valid settlement of discrimination claims.
Age Discrimination Regulations: Component of Equality Act 2010 providing specific considerations for age-related severance packages and protection against age discrimination.
Employment Tribunals Act 1996: Legislation establishing jurisdiction for employment disputes and requirements for valid settlement of tribunal claims.
Income Tax (Earnings and Pensions) Act 2003: Tax legislation governing the treatment of severance payments, including the £30,000 tax-free threshold for genuine redundancy payments.
ACAS Code of Practice on Settlement Agreements: Best practice guidance and procedural requirements for settlement agreements, providing framework for negotiation and implementation.
General Data Protection Regulation (GDPR) and Data Protection Act 2018: Legislative framework for handling personal data and ensuring data privacy in the context of employment relationships and severance agreements.
Pensions Act 2004: Legislation governing the treatment of pension rights and implications for pension benefits in severance situations.
