Section 42

Subject to this Act, all deeds, bonds, agreements, instruments and working arrangements subsisting immediately before the appointed day and affecting any of the property transferred under section 40 shall be of full force and effect against or in favour of the Majlis and enforceable as fully and effectually as if, instead of the Authority, or any person acting on behalf of the Authority, the Majlis had been named therein or had been a party thereto.