(1) The Government of Ghana may enter into a reciprocal agreement with the Government of any other territory in which a scheme similar to the Scheme has been established and there may be included in the agreement the following provision-

(a) that any period of membership of such scheme in the territory of that Government may be treated as a period of membership of the Scheme and vice versa; and

(b) that, subject to such conditions as may be agreed, any amount standing to the credit of a member of the Scheme in Ghana who works for any employer in the territory of that Government may be transferred to his credit in such Scheme, and vice versa.

(2) Any reciprocal agreement made under this section may modify, adapt or amend the provisions of this Law to give effect to the agreement.