Legal proceedings and related matters
10 Legal proceedings and related matters
On and after the commencement day –
any legal or other proceedings instituted by or against a person in respect of the performance or exercise, or failure to perform or exercise, a trust function or power that are still pending may be continued by or against the Association; and any legal or other proceedings that could have been instituted, before the commencement day, by or against a person in respect of the performance or exercise, or failure to perform or exercise, a trust function or power may be instituted by or against the Association; and any judgement or order of a court obtained before the commencement day by or against a person acting as Trustee or Trust Governor, in his or her capacity as Trustee or Trust Governor, and not executed or satisfied before the commencement day may be enforced by or against the Association; and a document relating to any legal or other proceedings that has been served on or by a person acting as Trustee or Trust Governor, in his or her capacity as Trustee or Trust Governor, is taken, where appropriate, to have been served on or by the Association.
This Act’s bill:Explanatory notesSecond reading speech
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