Hello Kalugampitiya
The implication of Tier 2 on current work permit holders is that all employers, who have non-EU employees in their employ on work permits, are obliged to apply for a Licence from the Border & Immigration Agency to continue to employ such non-EU nationals in the future
The guidance is out:
SPONSORSHIP UNDER THE POINTS BASED SYSTEM LICENSING GUIDANCE
There hasn't been an announcement about what will happen to current work permit holders yet.
I haven't been able to find anything to say that an employer will have to apply for a license if, for example, they have two work permit holders and are not going to apply for any more.
If anyone find something official to this effect - please can they post it.
Regards