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(1)Any pension scheme of plc shall, on and from the appointed day, become a pension scheme of A/S and the trust deeds, rules and other documents and instruments constituting or relating to the same shall have effect accordingly.
(2)No officer or other employee of plc who, by virtue of this Act, becomes an officer or employee of A/S shall be entitled as of right to participate in any existing pension fund established by A/S.
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