§ 530. Job security for track employees. Plans of operation of
regional off-track betting corporations shall include provision for job
security for employees of racetracks within each region compatible with
and in furtherance of the objectives of this article and subject to the
approval of the commission. Job security agreements that may be
concluded from time to time after July first, nineteen hundred
seventy-three between track employee organizations and the New York city
off-track betting corporation or any other regional off-track betting
corporation shall be subject to the approval of the commission and when
approved shall be deemed a part of the plan of operation of such
corporation and any other regional corporation; provided, however, that
nothing in this article or any other provision of this chapter shall be
construed to require or empower the commission to abrogate job security
agreements between the New York city off-track betting corporation and
any track employee organization, in effect on July first, nineteen
hundred seventy-three and any such contracts shall be deemed to be a
part of the plan of operation of such corporation.