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3.  Section 26(2), (3) and (4) of the Act shall apply to any person employed by the Colleges immediately before 1st August 1994 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 1st August 1994;

(c)to the transferor were to the Colleges; and

(d)to the corporation were to the University.