In order to comply, businesses must have a slavery and human trafficking statement which they must publish each financial year on their website or, where they do not have a website, on request within 30 days. The statement must be approved by the board (or equivalent management body) and signed by a director (or equivalent).
The Government is expected to publish statutory guidance on the content of the statement in October 2015. Although the Government has indicated that there will be transitional provisions, organisations affected by the new legislation need to start preparing now.
Read the original announcment about the Modern Slavery Act 2015.