5.
Novation of
contracts of apprenticeship -
Where an employer
with whom a contract of apprenticeship has been entered into, is for any
reason unable to fulfil his obligations
under the contract and with the
approval of the Apprenticeship Adviser it is agreed between the employer, the
apprentice or his guardian and any other employer that the apprentice shall be engaged as apprentice under the other employer for the un-expired portion
of the period of apprenticeship training, the agreement, on registration
with the Apprenticeship Adviser,
shall be deemed to be the contract of apprenticeship
between the apprentice or his guardian
and other employer, and
on and from the date of such
registration, the contract of apprenticeship with the first
employer shall terminate and
no obligation under
the contract shall
be enforceable at the instance of any party to the contract against the other party thereto.