Regulation 7 Transitional provisions

Where at any time before 1st April 1994 an administering authority has made an admission agreement under regulation B6 of the principal Regulations with a body specified in paragraph (8)(c) or paragraph (8)(d) of that regulation, as these paragraphs were in force before their deletion by regulation 3(c) of these Regulations, that agreement shall, notwithstanding the deletion of the said paragraphs remain an admission agreement for the purposes of the said regulation B6:

Provided that where the body was immediately before 1st April 1994 a Company under the control of a body described in Part I of Schedule 3, as that expression is defined in regulation B6(2B) of the principal Regulations^f1 and at any time on or after 1st April 1994 it ceases to be such a company the admission agreement shall cease to be an admission agreement for the purposes of the said regulation B6 and any person who by virtue of that agreement is an admitted employee under the said regulation B6 shall cease to be an admitted employee.