(1) The Public Service Commission may approve the transfer of any officer from the Public Service to the service of the Corporation and vice versa.
(2) The Board may approve the transfer of any officer in its service to the service of any other statutory authority and vice versa.
(3) Where a transfer has been approved under this section, arrangements shall be made by the Minister, the Corporation or the statutory body as the case may be, to pay to the body receiving the service of such officer, such contributions as may be provided for by regulations or otherwise in respect of pensions and gratuities and any such regulations may provide for different categories of officers.
(4) When an officer of the Corporation is on transfer from the Public Service, the Corporation shall make arrangements with the Government for the preservation of the pension rights of such officers.
(5) Arrangements made under subsection (4) shall in appropriate cases include the payment from the Fund into the general revenue of the State such amounts as in the opinion of the Minister approximately represent the accruing liability for the sums which will become payable out of moneys provided by Parliament for the relevant pension benefits.
(6) For the purpose of the Pensions Act service with the Corporation shall be deemed to be “other public service” as though the Corporation were one of the Scheduled Governments listed in Schedule 1 to the Pensions Regulations.