Clause 51

Any scheme, contract, document or arrangement constituted, prepared, made, granted or approved under the Post Office Savings Bank Act shall, except where otherwise expressly provided in this Act or in any other written law, continue and be deemed to have been constituted, prepared, made, granted or approved, as the case may be, under this Act.

Any subsidiary legislation made under the Post Office Savings Bank Act, so far as such subsidiary legislation relates to matters falling within the scope of this Act, shall remain in force and have the force of rules made under this Act until it has been revoked or replaced by subsidiary legislation issued or made under this Act.

Any proceeding, matter or cause of action pending or existing immediately prior to the date of the coming into operation of this Act by or against the Government in respect of any of the functions, assets, privileges, rights, obligations and liabilities transferred to, or vested in, the Bank under this Act, may be continued and enforced by or against the Bank in the name of the Government in accordance with the provisions of any written law and the practice and procedure in force relating to proceedings by or against the Government.