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• 2 (1) Subject to subsection (2), these Regulations apply to a person who, having received and accepted an offer of employment from St. Joseph Corporation pursuant to the sales agreement, on the transfer date ceases to be employed in the public service and becomes employed by the new employer.

• (2) These Regulations do not apply to a person who subsequently becomes re-employed by the new employer.

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10 These Regulations come into force on March 7, 1997.

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• (2) Despite subsection (1), where on the transfer date a person, on ceasing to be employed in the public service, would have been eligible, were it not for these Regulations, to exercise an option under section 12, paragraph 13(7)(a) or (b) or section 13.01 of the Act, the person may exercise such an option

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• (3) A person who has exercised an option under subsection (2) is deemed not to have become employed by the new employer for the purposes of these Regulations and of sections 83 to 99 of the Public Service Superannuation Regulations and is not entitled to exercise an option pursuant to subsection (1) when the person ceases to be employed by the new employer.

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9.1 A contributor to whom these Regulations apply is considered to be a Group 1 contributor.

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1 The definitions in this section apply in these Regulations.

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