If, immediately before the sale day, the period of service under the Long Service Leave Act of an employee of SMEC was at least 10 years, then:
(a) despite the amendment of the Long Service Leave (Commonwealth Employees) Regulations by this Act, the employee's accrued rights under that Act continue; and
(b) that Act has effect after the sale day as if SMEC were the approving authority in relation to the employee for the purposes of that Act.