Transport (Miscellaneous Provisions) Act, 1971

Liabilities and contracts of Joint Committee and Strabane Company.

9.—(1) Subject to this Part—

(i) the Board shall, to the exclusion of the Joint Committee and the Strabane Company (as the case may be), be subject to all liabilities to which the Joint Committee and the Strabane Company were respectively subject immediately before the transfer date;

(ii) all contracts, deeds, bonds, agreements and other instruments and all working arrangements subsisting immediately before the transfer date and affecting the Joint Committee or the Strabane Company shall be of as full force and effect against or in favour of the Board and may be enforced as fully and effectually as if, instead of the Joint Committee or the Strabane Company (as the case may be), the Board had been a party thereto.

(2) Subject to sections 13 and 14, a proceeding (including an arbitration) or cause of action pending or existing immediately before the transfer date by or against the Joint Committee or the Strabane Company shall not abate, be discontinued or in any way be prejudicially affected by reason of anything in this Part, but may be continued and enforced by or against the Board as it might have been by or against the Joint Committee or the Strabane Company (as the case may be) if this Part had not been passed, but not further or otherwise.