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ISR-1987-L-4765
Breadcrumb
Title_of_text
Acquisition of Undertakings by Employees (Special Cases) Law, 5746-1987.
Main Region
First Region
Country(ies)
Israel
Subjects (Classification)
Freedom of association, collective bargaining and industrial relations
Adopted on (Date of text)
1987
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Provides for employees to acquire an undertaking, owned by an individual or a body corporate, in which not more than 200 employees are employed and which has closed down completely, is involved in final bankruptcy proceedings or whose main industry has been discontinued for three months. The Government and the representative organisation of employees shall establish a fund, governed by a committee, for the granting of loans to enable co-operative societies of employees to make such acquisitions. The Act lays down conditions applicable to loan applications and sets forth procedures for evaluating applications for assistance. The committee's opinion on an application shall include economic, legal and employment aspects.
Entry dates region
Date of entry into force
1987-04-01
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Electronic region
Electronic source title
Law on-line in English
Author
Ministry of Labour & Social Affairs, Division of Labour Relations
Country
Israel
URL
http://www.tamas.gov.il/NR/rdonlyres/39BFA7E0-AABB-4B9B-B388-A932C9BD9878/0/29.pdf
File
ISR4765.pdf (PDF)
Monograph region
Monograph title
Labour Laws
Author
State of Israel
Publisher
Ministry of Labour and Social Affairs, Division of Labour Relations
Place of publication
Jerusalem
Country
Israel
Date
2000-01
Page range
pp. 234-237