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11The repeals made by this Act shall not affect—
(a)any document or other thing which has effect immediately before the appointed day subject to any modifications prescribed by the [S.I. 1970/430.] Steel Companies (Vesting) Order 1970, or
(b)anything not falling within sub-paragraph (a) above (other than an enactment) which then has effect or is continuing subject to, or to modifications in consequence of, the substitution of the Corporation for any other person or body;
but, as from the appointed day, anything falling within sub-paragraph (a) or (b) above shall be further subject to such of the provisions of paragraphs 1 to 3 of Schedule 1 to this Act as are applicable.
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