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Iceland (377) > Labour contracts (3)

Name: Act No. 77 of 1993 on the legal status of employees in the case of new ownership of companies.
Country: Iceland
Subject(s): Human rights; Conditions of employment; Labour contracts
Type of legislation: Law, Act
Adopted on: 1993-05-18
Entry into force:
ISN: ISL-1993-L-46615
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=46615&p_lang=en
Bibliography: Lagasafn, 1995, Ministry of Justice, Reykjavik, Iceland, ISBN: 9979-884-01-0, pp. 746-747
Abstract/Citation: The provisions do not apply either in the case of bankruptcy nor regarding vessels. The change of ownership or the merging of companies shall not affect the rights of the employee according to his labour contract.

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