Amendment status not verified — confirm the current text below against the official source.
Every person who has been, immediately before the appointed Employment day, employed in any of the undertakings of the Company shall become,— of certain employees to (a) on, and from the appointed day, an employee of the State continue. Government, and (b) wher the undertakings of the Company are directed to vest, under sub-section (1) of section 6, in an existing Government company, or under sub-section (1) of section 7, in a new Government company, an employee of such Government company on and from the date of such vesting, and shall hold office or service under the State Government or the existing, or new, Government company, as the case may be, with the same rights and privileges as to pension, gratuity and other matters as would have been admissible to him if there had been no such vesting or transfer and shall continue to do so unless and until his employment under the State Government or the existing, or new, Government company, as the case may be, is duly terminated or until his remuneration and other conditions of service are duly altered by the State Government or the existing, or new, Government company, as the case may be. 163 The Apollo Zipper Company (Private) Limited (Acquisition and Transfer of Undertakings) Act, 1996. [West Ben. Act XIV of 1996.] (Sections 14-18.) Act to have overriding effect. Protection of action taken in good faith. Power to make rules. Power to remove difficulties. Repeal and saving.