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(1)Property, rights and liabilities may belong to—
(a)the Welsh Ministers by that name,
(b)the First Minister by that name, or
(c)the Counsel General by that name.
(2)Property and rights acquired by or transferred to the Welsh Ministers belong to, and liabilities incurred by the Welsh Ministers are liabilities of, the Welsh Ministers for the time being.
(3)Property and rights acquired by or transferred to any of the Welsh Ministers appointed under section 48 belong to, and liabilities incurred by any of those Welsh Ministers are liabilities of, the Welsh Ministers for the time being.
(4)Property and rights acquired by or transferred to the First Minister belong to, and liabilities incurred by the First Minister are liabilities of, the First Minister for the time being.
(5)Property and rights acquired by or transferred to the Counsel General belong to, and liabilities incurred by the Counsel General are liabilities of, the Counsel General for the time being.
(6)In relation to property and rights acquired by or transferred to (or belonging to), or to liabilities incurred by—
(a)the Welsh Ministers or any of the Welsh Ministers appointed under section 48,
(b)the First Minister, or
(c)the Counsel General,
references to the Welsh Ministers, the First Minister or the Counsel General in any register or other document are to be read in accordance with this section.