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9.—(1) All contracts, deeds, bonds, agreements and other instruments subsisting in favour of, or against, and all notices in force which were given, or have effect as if given, by, or to, the LRB in respect of any property, rights or liabilities (“transferred matters”) transferred by this Order shall be of full force and effect in favour of, or against, the council or person (“the transferee”) to which such matters are transferred.
(2) Any action or proceeding, or any cause of action or proceeding, pending or existing at the transfer date by or against the LRB and in respect of any transferred matters may be continued, prosecuted and enforced by or against the transferee.
(3) This Order shall not affect any accrued rights and liabilities of the parties arising under an agreement made on 28th March 1991 between the LRB and the Horniman Public Museum and Public Park Trust nor the continuance in force of any provision of that agreement which is intended expressly or impliedly to continue in force after the expiry or termination of that agreement.
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