1E+W+SAny agreement made, transaction effected or other thing done by, to or in relation to the BAA which is in force or effective immediately before the appointed day shall have effect as from that day as if made, effected or done by, to or in relation to the successor company, in all respects as if the successor company were the same person, in law, as the BAA; and accordingly references to the BAA—
(a)in any agreement (whether or not in writing) and in any deed, bond or instrument,
(b)in any process or other document issued, prepared or employed for the purpose of any proceeding before any court or other tribunal or authority, and
(c)in any other document whatever (other than an enactment) relating to or affecting any property, right or liability of the BAA which vests by virtue of section 2 in the successor company,
shall be taken as from the appointed day as referring to the successor company.
2E+W+SWhere immediately before the appointed day there is in force an agreement which—
(a)confers or imposes on the BAA any rights or liabilities which vest in the successor company by virtue of section 2, and
(b)refers (in whatever terms and whether expressly or by implication) to a member or officer of the BAA.
the agreement shall have effect, in relation to anything falling to be done on or after that day, as if for that reference there were substituted a reference to such person as that company may appoint or, in default of appointment, to the officer of that company who corresponds as nearly as may be to the member or officer of the BAA in question.
3E+W+SIt is hereby declared for the avoidance of doubt that—
(a)the effect of section 2 in relation to any contract of employment with theBAA in force immediately before the appointed day is merely to modify the contract (as from that day) by substituting the successor company as the employer (and not to terminate the contract or vary it in any other way); and
(b)that section is effective to vest the rights and liabilities of the BAA under any agreement or arrangement for the payment of pensions, allowances or gratuities in the successor company along with all other rights and liabilities of the BAA;
and accordingly for the purposes of any such agreement or arrangement (as it has effect by virtue of paragraph 1 in relation to employment with the successor company) any period of employment with the BAA shall count as employment with the successor company.