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- Original (As enacted)
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5. A transfer by virtue of a scheme does not affect the validity of anything done by or in relation to the transferor before the transfer takes effect.
6. Anything which—
(a)is done by the transferor for the purposes of or otherwise in connection with anything transferred by virtue of a scheme, and
(b)is in effect immediately before the transfer date,
is to be treated as done by the Authority
7. There may be continued by or in relation to the Authority anything (including legal proceedings)—
(a)which relates to anything transferred by virtue of a scheme, and
(b)which is in the process of being done by or in relation to the transferor immediately before the transfer date.
8.—(1) This paragraph applies to any document—
(a)which relates to anything transferred by virtue of a scheme, and
(b)which is in effect immediately before the transfer date.
(2) Any references in the document to the transferor are to be read as references to the Authority.
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Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.
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