4. Without prejudice to article 3–
(a) all rights, powers, duties and liabilities of the Development Board under, or in connection with, the contract of employment, shall, by virtue of this order, be transferred on the transfer date to the Agency; and
(b) anything done before the transfer date by, or in relation to, the Development Board in respect of the contract of employment or the relevant employee, shall be deemed from that date to have been done by or in relation to the Agency.