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Transfer of property to joint board, etc.
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18.—The following provisions shall have effect in relation to a joint board and the local authorities appointing the members thereof:—
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(a) all property and assets (including choses-in-action) vested in or belonging to the authorities immediately before the commencement of this Part of this Act for the purposes of a hospital or other institution maintainable by the board shall, upon such commencement, become and be the property and assets of the board by virtue of this section without any conveyance, assignment, or act other than transfer (where appropriate) in the books of a bank, company, or other body;
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(b) all debts and liabilities (present or future) incurred by the authorities in relation to such hospital or other institution and owing immediately before the commencement of this Part of this Act (whether then presently due or to become due certainly or contingently in future) shall upon such commencement become and be the debts and liabilities of the board and shall be discharged in due course by them;
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(c) every bond, guarantee, or other security of a continuing character made or given in relation to such hospital or other institution by the authorities to another person or by any person to the authorities and in force immediately before the commencement of this Part of this Act, and every contract or agreement in writing made in relation to such hospital or other institution between the authorities and another person not fully executed and completed before the commencement of this Act, shall continue in force after such commencement but shall be construed and have effect as if the board were substituted therein for the authorities, and such security, contract, or agreement shall be enforceable by or against the board accordingly;
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(d) in every action, suit, prosecution, or other proceeding in relation to such hospital or other institution which is pending at the commencement of this Part of this Act and to which the authorities are parties, the board shall, on the commencement of this Part of this Act, become and be a party in the place of the authorities and such action, suit, prosecution, or other proceeding shall be continued between the board and the other parties thereto accordingly;
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(e) every person who immediately before the commencement of this Part of this Act is an officer or servant in such hospital or other institution shall upon such commencement become and be an officer or servant (as the case may require) of the board upon, subject to the provisions of this Act, the same terms and conditions as those upon which he held office or employment immediately before such commencement;
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(f) all moneys raised in relation to such hospital or other institution by any of the authorities before the commencement of this Part of this Act may be levied after such commencement as if this Act had not been passed and shall be paid to the board for the purposes of their functions under this Act.
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