Scope
Commercial organisations with annual turnover of GBP 36M+ supplying goods or services in the UK.
Key provisions
- 01
Annual transparency statement
Publish an annual Modern Slavery and Human Trafficking Statement describing steps taken to ensure slavery and trafficking are not occurring in operations or supply chains.
- 02
Supply chain disclosure
Disclose the steps taken to ensure modern slavery is not present in supply chains.
- 03
Board approval
Statement must be approved by the board of directors and signed by a director.
Timeline
26 March 2015
Act passed by Parliament
29 October 2015
Section 54 (Transparency in Supply Chains) entered into force