Hence New Labour attempted no substantive challege to the outcome of Thatcher's privatisation agenda; yet at the same
time the key features of the 1960s «permissive society» - e.g. legislation on divorce, abortion and homosexuality - remained largely in place
during the long Tory years, despite vile aberations
such as Section 28 and the laughable «Back to Basics» campaign.
Hence you need to create adequate provisions in the accounts to meet
such leave encashment liabilities at any
time during the tenure of employees in the company.