Ministers and Secretaries (Amendment) Act, 1983

Preservation of certain continuing contracts and adaptation of certain references to Minister for Posts and Telegraphs and Minister for Transport in certain documents.

7.—(1) (a) Every bond, guarantee or other security of a continuing nature made or given by or on behalf of the Minister for Posts and Telegraphs to any person in the performance of a function transferred by section 3 of this Act, or by any person to the Minister for Posts and Telegraphs and accepted by or on behalf of the Minister for Posts and Telegraphs in the performance of such a function, and in force immediately before the appointed day, and every contract or agreement in writing made between the Minister for Posts and Telegraphs in the performance of such a function and another person and in force but not fully executed and completed immediately before the appointed day, shall continue in force on and after the appointed day and shall be construed and have effect as if the name of the Minister for Communications were substituted therein for that of the Minister for Posts and Telegraphs and such security, contract or agreement shall be enforceable by or against the Minister for Communications.

(b) Every bond, guarantee or other security of a continuing nature made or given by or on behalf of the Minister for Transport to any person, or by any person to the Minister for Transport, and in force immediately before the appointed day, and every contract or agreement in writing made between the Minister for Transport and another person and in force but not fully executed and completed immediately before the appointed day, shall continue in force on and after the appointed day and shall be construed and have effect as if the name of the Minister for Communications were substituted therein for that of the Minister for Transport and such security, contract or agreement shall be enforceable by or against the Minister for Communications.

(2) (a) References to the Minister for Posts and Telegraphs contained immediately before the appointed day in the memorandum and articles of association of any company and relating to a function transferred by section 3 of this Act shall, on and after the appointed day, be construed as references to the Minister for Communications.

(b) References to the Minister for Transport contained immediately before the appointed day in the memorandum and articles of association of any company shall, on and after the appointed day, be construed as references to the Minister for Communications.