Section 103

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.

Financial adjustment on transfer of Prai Wharf undertaking