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1[The Central Government or any
person authorised by it may at any time transfer any officer] or employee from an acquiring company or
the Corporation to any other acquiring company or the Corporation, as the case may be, and the officer or
employee so transferred, shall continue to have the same terms and conditions of service as were
applicable to him immediately before such transfer.
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1. Subs. by Act 40 of 2002, s. 6, for "The Corporation may at any time transfer any officer" (w.e.f. 21-3-2003).