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This petition was submitted during the 2015 to 2017 Parliament

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Closed petition To change the law on business transfer contracts, to allow cooling off period

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My friend was put under pressure by a business sales agent to sign a contract to sell her business, he did not mention that there was no cooling off period.

There are examples of companies using business transfer contracts with the sole intent of taking small businesses to court. Defending these cases causes financial hardship, loss of business and severe stress and strain.

49 signatures


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    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 10 May 2016.