South African Airways Act, 2007 (Act No. 5 of 2007)5. Effect of conversion |
The conversion contemplated in section 4(1) does not affect—
| (a) | the continued corporate existence of SAA under the Companies Act |
| (b) | any rights, liabilities or obligations acquired or incurred by SAA before the conversion date; or |
| (c) | the terms and conditions of service of any employee of SAA. |