Clause 27

All deeds, bonds, agreements, instruments and working arrangements subsisting immediately before the appointed day affecting any of the property, assets, rights, interests, liabilities and obligations transferred to or vested in the Authority under section 26(1) or affecting any officer or employee of the Corporation transferred to the service of the Authority under section 29 shall continue in force on and after that day and shall be enforceable by or against the Authority as if, instead of the Corporation, the Authority had been named therein or had been a party thereto.