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Continuity etc.
9.—(1) All contracts, deeds, bonds, agreements and other instrumentssubsisting in favour of, or against, and all notices in force which weregiven, or have effect as if given, by, or to, the LRB in respect of anyproperty, rights or liabilities ( “the transferred matters”) transferred by this Order shall be of full force and effect infavour of, or against, the council ( “the transferee”) to which such matters are transferred.
(2) Subject to article 3(6) any action or proceeding, or any cause ofaction or proceeding, pending or existing at the transfer date by oragainst the LRB and in respect of any transferred matters may becontinued, prosecuted and enforced by or against the transferee.
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