Minerals Company Act, 1945

Preservation of contracts of service.

11.—Every contract of service express or implied which is in force immediately before the transfer date between the dissolved company and any officer or employee of the dissolved company shall continue in force on and after the transfer date, but shall be construed and have effect as if the continuing company were substituted therein for the dissolved company, and every such contract shall be enforceable by or against the continuing company accordingly.