Perbadanan Pembangunan Bandar (Successor Company) Act 1996 · s 8

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8.
Staff
(1) The successor company shall accept into its employment on a date to be appointed by the Minister by notification in the Gazette every person who immediately before that date is a member of the staff of the Perbadanan Pembangunan Bandar and who was given an option by the Perbadanan Pembangunan Bandar and has opted to serve as an employee of the successor company.
(2) Every such 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 to immediately before the appointed date.

*NOTE—The Companies Act 1965 [Act 125] has since been repealed by the Companies Act 2016
[Act 777] which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.

Act 548

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s 8Staff

(1)

The successor company shall accept into its employment on a date to be appointed by the Minister by notification in the Gazette every person who immediately before that date is a member of the staff of the Perbadanan Pembangunan Bandar and who was given an option by the Perbadanan Pembangunan Bandar and has opted to serve as an employee of the successor company.

(2)

Every such 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 to immediately before the appointed date.

*NOTE—The Companies Act 1965 [Act 125] has since been repealed by the Companies Act 2016

[Act 777] which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.

LIST OF AMENDMENTS

Amending law

Short title

In force from

- NIL -

LIST OF SECTIONS AMENDED

Section

Amending authority

In force from

- NIL -