Section 27

Subject to this Act, all deeds, bonds, agreements, instruments and working arrangements subsisting immediately before the appointed date and affecting any of the property transferred under section 26 shall be of full force and effect against or in favour of the

Retirement Fund (Incorporated) and enforceable as fully and effectually as if, instead of the Pensions Trust Fund Council, the

Retirement Fund (Incorporated) had been named therein or had been a party thereto.