Section 103
Pending proceedings and existing contracts
of Penang Port Commission Act 1955
No proceeding or cause of action pending or existing immediately before the appointed day by or against the Board in respect of its undertaking or the Administration in respect of the
Prai Wharf undertaking shall abate or be discontinued or be in any way prejudicially affected by reason of anything in this Act, but the proceeding or cause of action may, so far as it relates to either undertaking, be continued and enforced by or against the Commission as it might have been by or against the Board or the Administration, as the case may be, if this Act had not been passed.
(2)
Subject to this Act, all contracts, deeds, bonds, agreements and other instruments, and all working arrangements subsisting immediately before the appointed day and affecting the Board or the Administration shall, so far they relate to the undertaking of the Board or the Prai Wharf undertaking of the Administration, be of full force and effect against or in favour of the Commission, as if, instead of the Board or the Administration, as the case may be, the Commission had been a party thereto or had been named therein.