4 Transferred staff.
Where, by reason of the operation of the M1Transfer of Undertakings (Protection of Employment) Regulations 1981 in relation to the transfer of any property, rights or liabilities by virtue of a transfer scheme, a person ceases to be employed in the civil service of the State and becomes employed by the transferee corporation—
(a)
he shall not, on so ceasing, be treated for the purposes of any scheme under section 1 of the M2Superannuation Act 1972 as having retired on redundancy; and
(b)
his ceasing to be employed in that service shall not be regarded as an occasion of redundancy for the purpose of the agreed redundancy procedures applicable to persons employed in that service.