(1) On the coming into force of subsection 2 (1), all individuals who were employees of the Ontario Realty Corporation, the Ontario Infrastructure Projects Corporation or the Stadium Corporation of Ontario Limited immediately before subsection 2 (1) came into force become employees of the Corporation. 2011, c. 9, Sched. 32, s. 31 (1).
Agreements
(2) On the coming into force of subsection 2 (1), all employment agreements in effect immediately before subsection 2 (1) came into force to which the Ontario Realty Corporation, the Ontario Infrastructure Projects Corporation or the Stadium Corporation of Ontario Limited was a party continue in effect as if the Corporation were substituted for the Ontario Realty Corporation or the Ontario Infrastructure Projects Corporation or the Stadium Corporation of Ontario Limited, as the case may be, as a party to the agreement. 2011, c. 9, Sched. 32, s. 31 (2).
Same
(3) The operation of subsections (1) and (2) does not constitute a breach, termination, repudiation or the frustration of an employment agreement. 2011, c. 9, Sched. 32, s. 31 (3).