Paragraph 4
This paragraph applies where—
a transfer scheme provides for the transfer of rights, powers, duties and liabilities relating to a person's contract of employment, but
before the transfer takes effect, the person informs the transferor or transferee that the person objects to the transfer.
Those rights, powers, duties and liabilities are not transferred to the transferee.
The person's contract of employment is terminated immediately before the day on which the transfer would have occurred.
The person is not, for any purpose, to be regarded as having been dismissed.
Nothing in this paragraph affects the person's right to terminate the contract of employment if, apart from the change of employer, a substantial change is made to the person's detriment in his or her working conditions.