32. Existing agreements, etc.

All deeds, bonds, agreements, instruments and working arrangements, subsisting immediately before 1 September 1989, affecting any of the property, rights, interests, liabilities and obligations transferred to or vested in the Authority under section 31(1) continue in force on and after that date and are enforceable by or against the Authority as if, instead of the Government or the former Authority or a person acting on behalf of either the Government or the former Authority, the Authority had been named therein or had been a party thereto.