SCHEDULES

SCHEDULE 2 Provisions Supplementary to Section 3

1

Any agreement made, transaction effected or other thing done by, to or in relation to the Corporation which is in force or effective immediately before the transfer date shall have effect as from that date as if made, effected or done by, to or in relation to the Agency, in all respects, as if the Agency were the same person, in law, as the Corporation, and accordingly references to the Corporation—

a

in any agreement (whether or not in writing) and in any deed, bond or instrument;

b

in any process or other document issued, prepared or employed for the purposes of any proceeding before any court or other tribunal or authority; and

c

in any other document whatsoever (other than an enactment) relating to or affecting any property, right or liability of the Corporation which vests by virtue of section 3 of this Act in the Agency,

shall be taken as from the transfer date as referring to the Agency.