Conditions of service, etc. of existing employees

(1) Every officer or other employee employed, immediately before the date of the notified order under sub-section (l) of section 3, in connection with the affairs of the undertaking shall, during the period in which such notified order is in force, hold his office by the same tenure, at the same remuneration and upon the same terms and conditions and with the same rights and privileges as to gratuity and other matters as he would have held under the Grandhasala Sangham if such notified order had not been issued. (2) Where the Grandhasala Sangham has established a provident, superannuation, welfare or any other fund for the benefit of its officers and other employees, such fund shall, with effect on and from the date of the notified order under sub-section (1) of section 3, stand transferred to, and vested in, the Board of Control.