The Company herein created shall have the condition of excluded for purposes of former §§ 1301—1431 of Title 3, known as the “Public Service Personnel Act of Puerto Rico”, of 14 of october of 1975.
Any Commonwealth officials or employees who were appointed to hold a position in the Company for the Development of the Cantera Peninsula shall retain the status and rights that they had at the moment that they entered service at the Company for the Development of the Cantera Peninsula under the personnel legislation in effect and they shall also retain any right that they might have in any retirement or pension system prescribed by law for officials and employees who hold similar positions in the Commonwealth Government.
History —July 10, 1992, No. 20, § 25; Dec. 13, 1994, No. 133, § 1, retroactive to July 10, 1992.