4. Any registration of the Company under the Companies Act 1985 will not derogate from the obligations (whether express or implied) of the Company under the Harbours Act 1964(1) and the Manchester Ship Canal Acts and Orders 1885 to 1992 to—
(a)maintain
(b)operate
(c)improve, and
(d)take such action as it considers necessary or desirable for or incidental to the maintenance, operation and improvement of
the canal.