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Section 7: Provisions relating to staff

Financial Services Promotion Agency (Transfer Of Undertaking) Act

consolidated text (as at 2006). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

7. Provisions relating to staff (1) Every person on the staff of the Agency immediately before 1 October 2006 shall, as from the appointed date, be entitled to be transferred to the Board of Investment on terms and conditions, including any accrued pension rights, which shall not be less favourable than those obtained by him before 1 October 2006. (2) The period of service with the Agency of every person exercising his right to be transferred to the Board of Investment under subsection (1) shall be deemed to be an unbroken period of service with the Board of Investment. [Issue 1] F11 – 2 Revised Laws of Mauritius (3) No person on the staff of the Agency shall, on account of the transfer of the undertaking, be entitled to claim that his contract of service has been terminated in breach of any enactment. (4) Any disciplinary inquiry or proceedings, pending or in process against any person on the staff of the Agency may, as from 1 October 2006, be taken up, continued and completed by the Board of Investment and any resulting order or decision shall have the same force and effect as if made by the Board of Investment. (5) Any person who fails to accept in writing an offer of transfer to the Board of Investment made to him by the Board of Investment under this section within one month of such offer shall be deemed to have refused such offer, and the person shall be deemed to have retired from his Office, unless he is offered and accepts employment in a statutory body specified in the Schedule to the Statutory Bodies Pension Funds Act.

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