Article 16 Continuity of measures etc
(1)
Measures taken, arrangements made, terms and conditions imposed, indemnities given and all other things done before commencement by a former manager in the exercise of functions, powers or duties conferred on the former manager by a former scheme continue to have effect.
(2)
The scheme manager has all the functions, powers and duties of a former manager in relation to the measures and other things referred to in paragraph (1).