Amendment status not verified — confirm the current text below against the official source.
( I ) Eveflcrnployee of the Power Station absorbcdin thecorporation shall Con:Itio~ of- or hold office .'or render seryice under the Corporation on the same terms and condi- empboyesor tionS and with the same r~ghts and pr~vileges as to pension, gratuity, leave and other Powtr Sla- matters, as would have been applicable to him immediately before kuch ~eititig, ti11 tion to his employment under tbc Corporation is dUIy ter-inated or until hi; remuneration ~ e ~ : $ $ ! ! ~ and other conditions of scrviu, ar a package arc dulyslterkd bythe Corporatian to va-6. hbadvantage- ' ' .. . I (2) .The financial liabilitier of the Board in relation to the employees absorbed - by the Corporation on acccunt of - the -matt:rs referred to in subatction ( I 1 for the . senices rendered u n d ~ the Board shall be computed till theidatr: imrnediiitely Pr=- ding the date cf vesting of the Power Sfation wilh the Corporation and the a m o u t shaU paid to the Corp~ration as soou as the employees are absorbed. RuvenIon of degluzt-