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Part 1 · General provisions  ›  Division 2 · Division for purposes of absorption › Section 132

Laws protecting against dismissal

(1) Where legal entities involved in a division jointly manage a business after said division has taken effect, this common business will be deemed to be a business in the sense of the term as used in the laws governing the protection against dismissal.

(2) Where an employee is in a work relationship with the legal entity being acquired prior to a division taking effect, the status of such employee under the laws governing the protection against dismissal will not deteriorate as a result of the division; this applies for the duration of two years from the point in time at which the division takes effect.

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