Section 47: Removal of fixed assets
The Industrial Relations Act, 2012 · Federal Acts · VII · in_force
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47. Removal of fixed assets.-- No employer shall remove any fixed assets of the establishment during the currency of an illegal lock-out or a strike which is not illegal: Provided that the Commission may, subject to such conditions as it may impose, cause to be removed any such fixed assets for safe custody to avoid damage to such assets due to flood, fire, catastrophe or civil commotion.
Effective date: 2012-03-14
Related sections
Section 46: Prohibition of serving notice of strike or lock-out while proceedings pendingSection 48: Protection of certain personsSection 45: Strike or lock-out in public utility servicesSection 49: Settlements and awards on whom bindingSection 44: Procedure in cases of illegal strikes or lock-outSection 50: Effective date of settlement, award, etc.
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