Article 14 Continuity

All contracts, deeds, bonds, agreements or other instruments subsisting in favour of, or against, and all notices in force which were given, or have effect as if given by, or to, the Corporation in respect of any property, rights or liabilities (“transferred matters”) transferred by this Order shall be of full force and effect in favour of, or against, the person (“the transferee”) to which such matters are so transferred.

Any action or proceeding, or any cause of action or proceeding, pending or existing at the transfer date by or against the Corporation and in respect of any transferred matters may be continued, prosecuted and enforced by or against the transferee.