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(1)Subject to subsection (2) below, such of the following as immediately before the appointed day were existing or pending in favour of, or against, the existing bodies—
(a)all agreements, appointments, awards, contracts, deeds and other instruments, and
(b)all actions and proceedings and causes of action or proceedings,
shall on and from the appointed day continue and may be carried into effect, enforced and prosecuted by, or in favour of, or against, the University to the same extent and in like manner as if the University instead of the existing bodies had been party to, or interested in, the same respectively.
(2)This section shall not apply to any agreements, appointments, awards, contracts, deeds and other instruments, and all actions and proceedings, and causes of action or proceedings in respect of any person referred to in section 8 (Continuation of employment) of this Act.
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