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Section 8

of National Land Rehabilitation and Consolidation Authority (Succession and Dissolution) Act 1997

ActIn forceProvision 8 of 11

Section 8

(1)

The successor company shall accept into its employment on the vesting date every person who immediately before that date is a member of the staff of the Authority and who was given an option by the Authority and has opted to serve as an employee of the successor company.

National Land Rehabilitation and 13

Consolidation Authority (Succession and

Dissolution)

(2)

Every person who opts under subsection (1) to serve as an employee of the successor company shall be employed by the successor company on terms and conditions of service not less favourable than the terms and conditions of service to which he was entitled immediately before the vesting date.