AGL CORPORATE CONVERSION ACT 2002 - SECT 19
Officers and employees of AGL taken to be officers and employees of corporatised AGL
AGL CORPORATE CONVERSION ACT 2002 - SECT 19
Officers and employees of AGL taken to be officers and employees of corporatised AGL
19 Officers and employees of AGL taken to be officers and employees of
corporatised AGL
(1) Any person who, immediately before the conversion day, was an officer of
AGL is taken on and after that day--
(a) to hold the same, or the
corresponding, office in corporatised AGL, and
(b) to hold that office on the
same terms and conditions as the office the person held in AGL immediately
before that day.
(2) Any person who, immediately before the conversion day,
was an employee of AGL is taken on or after that day to be an employee of
corporatised AGL on the same terms and conditions as under the person's
contract of employment with AGL immediately before that day.
(3) The terms
and conditions of employment of any employee referred to in subsection (2)
may, after the conversion day, be changed in the same way as they could have
been before the conversion day.
(4) The service with AGL of an employee
referred to in subsection (2) is taken to be service with corporatised AGL for
all purposes and the employee's accrued entitlements with AGL are taken to be
accrued entitlements with corporatised AGL.
(5) An employee referred to in
subsection (2) is not entitled to payment (including, without limitation, any
payment in lieu of leave or any damages or other compensation, whether under
legislation, contract or otherwise) arising out of, or resulting from, the
operation of this Act.
(6) Nothing in this section affects the continued
application of any industrial instrument under the Industrial Relations Act
1996 to the employment of an employee referred to in subsection (2).
