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2.—(1) These Regulations are made for the purposes of section 173 of the 1988 Act and apply to any person who suffers loss of employment or loss or diminution of emoluments which–
(a)is attributable to any provision made by or under Part III of that Act, and
(b)occurs in the circumstances mentioned in paragraph (2),
and who either did not have or has released any such rights as are mentioned in section 173(4) of that Act (contractual rights acquired before 21st November 1987 entitling a person to a compensation payment).
(2) The circumstances are–
(a)in the case of loss of employment, that the employment in question was with ILEA or LRB and the loss is suffered after 31st March 1990, and
(b)in the case of loss or diminution of emoluments, that the loss or diminution arises from the termination of the person’s employment with ILEA or LRB and is suffered after 13th July 1989, and
(c)in either case, that the loss or diminution is not attributable to the termination before 2nd April 1990 of a contract made after 17th February 1988 which provides for his employment for a fixed term extending beyond 1st April 1990.
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