13. Employment of employees to continue.—(1) Every person who has been, immediately before
the appointed day, employed by—
(i) Britannia Engineering Company, in connection with the Mokameh unit, or
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(ii) Arthur Butler and Company, in connection with any undertaking owned by it,
shall become, on and from the appointed day, an employee of the Central Government or, as the case may
be, of the Government company, and shall hold office or service under the Central Government or the
Government company, as the case may be, with the same rights and privileges as to pension, gratuity and
other matters as would have been admissible to him if there had been no such vesting and shall continue
to do so unless and until his employment under the Central Government or the Government company, as
the case may be, is duly terminated or until his remuneration and other conditions of service are duly
altered by the Central Government or the Government company, as the case may be.
(2) Notwithstanding anything contained in the Industrial Disputes Act 1947 (14 of 1947), or in any
other law for the time being in force, the transfer of the services of any officer or other person employed
in the Mokameh unit or any undertakings owned by Arthur Butler and Company, to the Central
Government or the Government company shall not entitle such officer or other employee to any
compensation under this Act or any other law for the time being in force and no such claim shall be
entertained by any court, tribunal or other authority.
14. Provident fund and other funds.—(1) Where Britannia Engineering Company or Arthur Butler
and Company has established a provident fund, superannuation fund, welfare fund or other fund for the
benefit of persons employed in the Mokameh unit or, as the case may be, any of the undertakings owned
by Arthur Butler and Company, the monies relatable to the employees, whose services have become
transferred by or under this Act to the Central Government or the Government company shall out of the
monies standing, on the appointed day, to the credit of such provident fund, superannuation fund, welfare
fund or other funds, stand transferred to, and vest in, the Central Government or the Government
company, as the case may be.
(2) The monies which stand transferred under sub-section (1) to the Central Government or the
Government company, as the case may be, shall be dealt with by that Government or the Government
company in such manner as may be prescribed.