(1) Even though an employee of a CFM body ceases to be employed in Government Service for the purposes of the Long Service Leave Act, the employee's accrued rights under that Act continue while the employee continues to be employed by the CFM body or a related body if:
(a) the employee was an employee of the CFM body immediately before the body's sale day; and
(b) at that time, the employee's period of service for the purposes of the Long Service Leave Act was at least 10 years.
However, the employee is not entitled to receive any payment because he or she ceases to be in Government Service.
(2) The Long Service Leave Act has effect after the CFM body's sale day as if:
(a) where the employee continues to be employed by that body--that body were an approving authority for the purposes of that Act; or
(b) where the employee continues to be employed by a related body--that related body were an approving authority for the purposes of that Act.