Section 46: Transitional provisions

(1) Subject to the provisions of this Act, the Rector of the College established under the repealed Act is deemed to have been appointed to the College established under this Act under the same conditions as Rector.
(2) Any person who immediately before the commencement of this Act was a staff of the College established under the repealed Act shall continue in office and be deemed to have been appointed under this Act for purposes of pension.
(3) Properties held immediately before the commencement date of this Act on behalf of the College by any person shall, by virtue of this Act, be vested in the College established under this Act.
(4) The College established in section 1 of this Act shall be subject to all the obligations and liabilities to which the former College was subject immediately before the commencement of this Act and all other persons shall have the same rights, powers and remedies against the College established by this Act as they had against the College immediately before the commencement of this Act.
(5) Any proceeding or cause of action pending or existing immediately before the commencement of this Act by or against the College established under the repealed Act in respect of any right, interest, obligation or liability of the College may be continued or commenced, as the case may be, and any determination of a court of law, tribunal or other commission or person may be enforced by or against the College established by this Act to the same extent that such proceeding, cause of action or determination might have been continued, commenced or enforced by or against the College as if this Act had not been made.
(6) As from the commencement of this Act, any disciplinary proceeding pending or existing against any employee of the College shall be continued and completed by the College established under this Act.