Theme 2 - 2.5.2 - Legislation Flashcards
What is the definition of Legislation ?
A set of laws suggested by government and made official by parliament
Legislation falls into 5 categories
What are these 5 categories ?
- Consumer protection
- Employee Protection
- Environmental Protection
- Competition Policy
- Health and safety
Whats the consumer protection law ?
Consumer rights act
Consumer have legal rights if the item you bought is:
- broken damage ( not of satisfactory quality )
- Unusable ( not fit for purpose )
- not what was advertised or doesn’t match the sellers description
How does the consumer protection law impact the business ?
Under the consumer protection act a business must not give false or misleading information about products
E.g.g fake designer bags that are marketed as real
Whats employee protection ?
There are lots of laws that protect the UK workers
These laws make sure the UK worker gets paid when they are sick, gets paternity and maternity pay - is not discriminated against - gets a fair wage - treated equally
What is the national wage act ( employee protection ) ?
• Applies to nearly all workers and sets hourly rates below which pay must not be allowed to fall
• Paying the minimum wage will raise costs for a business
• This may have an impact on their profit margins or profitability
• Failure to do so can result in fines or prosecution
What is the national living wage ?
The national living wage is higher than the national minimum wage - workers get it if they’re over 21
There are different levels of National Minimum Wage (NMW), depending on your age and whether you are an apprentice. If you’re aged 21 and over, you’ll get the National Living Wage (NLW).
What are the working time regulations ?
These regulations make sure that there is a limit of 48 hours in a working week ( though workers can choose to work more if they want to )
Workers also have the right to 11h rest a day and the right to a day off each week and the right to an in-work rest break if the working day is longer than 6h and the right to 4 weeks paid leave per year
What is the Pensions Act ?
• Under the Pensions Act 2008, every employer in the UK must put their qualifying employees into a pension scheme and pay contributions. This is called ‘automatic enrolment’
• Once the business has set up a pension scheme and put their eligible staff into it, then they must continue to make the payments that are due into the scheme every month
• The Pensions Regulator monitors the contributions that are paid into workplace pensions, and will fine the business is they are not being paid
What is the equality act ?
• The Equality Act 2010 legally protects
people from discrimination in the
workplace
• It replaced previous anti-discrimination laws with a single Act
• A business needs to make sure that it complies with the law during recruitment and during the contract term of the employee
What is environmental protection ?
• Polluted air, noise pollution and chemical spills are some examples of how business can have a negative impact on the environment
• The Environmental Protection Act of 1990 attempts to control pollution in terms of business waste that is disposed of in the air,
on land and in the sea
What is CMA ?
Competitive market authority’s
What is Competition Policy ?
Legislation in place by the government designed to prevent collusion - price fixing by businesses getting together and agreeing a price to charge for their products
What is the health and safety act ?
• In general, health and safety laws apply to all businesses
• As an employer, or a self-employed person, they are responsible for health and safety
in the business
• Health and safety laws are there to protect the owners, the employees and the public from
workplace dangers
What are the employer duties for the health and safety legalisation ?
✓Prevent accidents and cases of work-
related ill health by managing the health and safety risks in the workplace
✓Provide clear instructions and information, and adequate training, to ensure employees are competent to do their work
✓Engage and consult with employees on
day-to-day health and safety conditions Implement emergency procedures – evacuation in case of fire or other significant incident.
✓Maintain safe and healthy working conditions, provide and maintain plant - equipment and machinery - and ensure safe storage and use of substances
