10Terms and conditions of transferred employees

10 Terms and conditions of transferred employees

(1) A person who is a transferred employee is taken: (a) to have been engaged by the CFM subsidiary or the transferred body on the same terms and conditions as those that applied to the person, immediately before the employee’s transfer time, as an employee of CFM; and (b) to have accrued an entitlement to benefits, in connection with that engagement by the CFM subsidiary or the transferred body, that is equivalent to the entitlement that the person had accrued, as an employee of CFM, immediately before the employee’s transfer time. (2) The service of a transferred employee as an employee of the CFM subsidiary or the transferred body is taken, for all purposes, to have been continuous with the service of the employee, immediately before the employee’s transfer time, as an employee of CFM. (3) A transferred employee is not entitled to receive any payment or any other benefit merely because he or she stopped being an employee of CFM as a result of this Division.