16.
| (1) The first terms or conditions of service to be introduced by the Commission shall be effective from the appointed date or, in the case of the first salary scales to be introduced, such later date or dates as the Commission may prescribe. |
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| (2) Every employee employed prior to September 2, 1970, shall be given the option to remain in service, if he so wishes, on the terms and conditions of service which applied to him immediately prior to such date. |
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| (3) Any employee who opts to remain in service on the terms and conditions of service which applied to him immediately prior to the appointed date shall, within sixty days after the appointed date, in writing notify the co-operative society in which he is employed of such option, and an employee who fails to give such notice within that period shall be deemed to have accepted the terms and conditions of service prescribed by the Commission. |
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| (4) Any employee who opts to remain in service on the terms and conditions of service which applied to him immediately prior to the appointed date shall be required to accept the terms and conditions of service prescribed by the Commission in the event of his accepting an offer of promotion at any time after the appointed date. |
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| (5) All appointments, made to posts in any co-operative society, on or after the appointed date, shall be on the terms and conditions of service prescribed by the Commission, and all promotions made prior to the appointed date, which are to take effect on or after that date, shall be subject to the approval of the Commission and shall be regarded as appointments on or after the appointed date. |
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| (6) All options exercised under this section whereby the terms and conditions of service prescribed by the Commission are accepted, shall be irrevocable. |
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Sri Lanka Consolidated Acts