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3. Section 26(2), (3) and (4) of the Act shall apply to any person employed by either of the Old Corporations immediately before 15th August 1995 as if the references in that section—
(a)to a person to whom that section applies were to a person so employed;
(b)to the operative date were to 15th August 1995;
(c)to the transferor were to either of the Old Corporations (as the case may be); and
(d)to the corporation were to the New Corporation.
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