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Existing works vested in Commissioners.
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20.—Form and immediately after the commencement of this Act, subject as hereinafter provided, all the piers, lights, buoys and other works, and all lands, tenements, hereditaments, buildings, easements, prescriptive and other rights, powers and privileges whatsoever of or to which the Commissioners appointed under the Act of 1855 or any person in trust for them shall be seized, possessed or entitled at law or in equity, immediately before the commencement of this Act, and all rates or monies due or accruing due to the said Commissioners and all securities, books, accounts, documents, choses in action, effects and property belonging to the said Commissioners, shall, except where and as by this Act otherwise provided, be, and the same are hereby well and effectually vested in and shall belong to the Commissioners appointed by or by virtue of this Act, to hold to them and their successors for the purposes of this Act, and for such and the same estates, terms and other interests as under the Act of 1855 the former Commissioners or any person in trust for them had or would have continued to have had therein if the Act of 1855 had not been repealed, subject nevertheless to such charges, interests and liabilities as, immediately before or at the time of the commencement of this Act, the same premises shall be respectively subject to.
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