Transfer of staff to new governing body of group
40.—(1) Subject to regulation 39, a contract of employment between any person and the existing governing body of the group shall have effect from the date of implementation of the proposals as if originally made between him and the new governing body of the group.
(2) This regulation is without prejudice to any right of an employee to terminate his contract of employment if a substantial change is made to his detriment in his working conditions, but no such rights shall arise by reason only of the change in employer effected by these Regulations.