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3.—(1) On the transfer date there shall be transferred to, and vested in, the district council all the functions of the Commissioners under the 1820 Act and all property, rights, liabilities and obligations to which, immediately before the transfer date, the Commissioners were entitled or subject.
(2) The vesting of functions, property, rights, liabilities and obligations under this Article shall have effect, notwithstanding:—
(a)anything to the contrary in, or
(b)any condition relating to the transfer of such property, rights, liabilities or obligations contained in any enactment, rule of law or obligation.
(3) References to the Commissioners:—
(a)in any agreement, deed, bond, instrument or notice;
(b)in any action or proceeding pending or existing at the transfer date by or against the Commissioners before any court or other tribunal; and
(c)in any other document whatsoever relating to or affecting any property, right, liability or obligation of the district council which vests by virtue of this Article in the district council
shall be taken on or after the transfer date as referring to the district council.
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