(1)On such day as the Corporation may appoint, the undertaking shall vest in the Heritage Foundation by virtue of this section including—
(a)all that property vested in the Corporation which immediately before the appointed day was held by them for the purposes of the undertaking;
(b)subject to section 13 (Repeal) of this Act, all rights, liabilities and obligations of the Corporation subsisting immediately before the appointed day for the purposes of the undertaking.
(2)The Corporation shall give not less than 28 days' notice of the appointed day by advertisement in the London Gazette and in at least one local newspaper circulating in the Letchworth area.