SCHEDULES

SCHEDULE 1 PROVISIONS SUPPLEMENTARY TO S. 1

Provisions as to vesting of property etc.

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

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 purpose of any proceeding before any court or other tribunal or authority, and

c

in any other document whatever (other than an enactment) relating to or affecting any property, right or liability of the Corporation or Board which vests by virtue of section 1 of this Act in the successor company,

shall be taken as from the appointed day as referring to the successor company.