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Transitory provisions.
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26.—(1) Every Bond, Guarantee or other security of a continuing nature made or given by the 1846 Committee to any person, or by any person to the 1846 Committee and in force immediately before the establishment date, and every contract or agreement in writing made between the 1846 Committee and any other person and not fully executed and completed before that date, shall, notwithstanding the dissolution of the 1846 Committee, continue in force on and after that date, but shall be construed and have effect as if the name of the Committee were substituted therein for the name of the 1846 Committee and such security, contract, or agreement shall be enforceable by and against the Committee accordingly.
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