(1) As from the date of establishment of the Authority under section 4—
(a) a person who was employed on the staff of the Parks and Beaches Commission immediately before that date and is employed by the Parks and Beaches Commission on that date shall be deemed to be transferred from the service of the Parks and Beaches Commission to the service of the National Conservation Authority;
(b) a person transferred under subparagraph (1)—
(i) shall be treated as if that person's employment in the service of the Parks and Beaches Commission was employment in the service of the National Conservation Authority, and
(ii) shall, upon that person's transfer to the service of the National Conservation Authority, be employed under terms and conditions no less favourable than when they were employed in the service of the Parks and Beaches Commission.
(2) For the purposes of subsection (1)(a) and (1)(b), service of the person referred to in those paragraphs shall be aggregated with that person's service with the Authority for the purpose of computing a pension or other retiring allowance to which they may be entitled.
(3) A person who was employed on the staff of the Parks and Beaches Commission for a period of not less than 5 years, and who resigned or retired from the Commission before the date of establishment of the Authority shall, for the purpose of pension and other retiring allowances, be treated as if that person's service was service with the Authority.