Legislation 2: Business: Pearson (Edexcel): GCSE (9:1)

The Consumer Protection from Unfair Trading Regulations (2008)

Regulations that protect the consumer from unfair practices and ban misleading and aggressive sales tactics

The Consumer Credit Act (1974)

A law that regulates credit card purchases and gives consumers protection when taking out loans or hire agreements

Data Protection Act (1998)

A law that covers information or data stored on a computer or an organized paper filing system about living people

Food Act (1984)

A law covering the safe preparation, labeling, storage and sale of food

Holiday Pay

Money paid to employees for days off and holidays

Compensation

Money paid to someone to make up for injury or disadvantage caused by another person or organization

Public liability insurance

The insurance that all business must have to insure against loss or injury suffered by customers on their premises

Employment tribunal

A formal hearing of a grievance or demand by an employee against an employer

Comply with

To follow, to obey

Act

A law

Law

A system of rules that apply to people in a country

Regulation

A way of making sure law is followed, usually applying to specific businesses or goods

Standard

Levels of quality that are usually set by businesses or industry bodies

Hours of work

The amount and the timing of an employees regular work

Overtime

Paid work done in addition to normal working hours