(1) This section applies to each staff member of the Authority who:
(a) has consented to being employed by Newco under section 7; and
(b) has not revoked his or her consent before the sale day; and
(c) was a staff member of the Authority immediately before the sale day.
(2) On the sale day, the staff member:
(a) ceases, by force of this section, to be an officer or employee of the Authority; and
(b) becomes an employee of Newco, by force of this section, on the same terms and conditions that applied to the staff member immediately before the sale day because of an award.
(3) This section has effect subject to sections 9 and 10.