Compromise agreements renamed "settlement agreements"
Implementation date: 29 July 2013
The Enterprise and Regulatory Reform Act 2013 renames compromise agreements "settlement agreements". The Act (PDF format, 1MB) and commencement order that implement the change can be viewed on the UK legislation website. A new "Code of practice on settlement agreements" sets out the principles for using settlement agreements. The order that brings the code of practice into force can also be viewed on the UK legislation website.