National Cultural Institutions (National Concert Hall) Act 2015

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Preservation of existing contracts

35. (1) Every bond, guarantee or other security of a continuing nature made or given by the dissolved company to any person, or by any person to the dissolved company, that is in force immediately before the establishment day, and every contract or agreement in writing made between the dissolved company and any person that is in force but is not fully executed and completed immediately before the establishment day, shall continue in force on and after that day and shall be construed and have effect as if the name of the NCH were substituted therein for that of the dissolved company.

(2) Every other document granted or made by the dissolved company that is in force immediately before the establishment day shall continue in force on and after that day as if it had been granted or made by the NCH and shall be construed and have effect accordingly.