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Liability for loss occurring before vesting day.
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56.—(1) Any claim in respect of any loss or injury alleged to have been suffered by any person arising out of the exercise by the Minister before the vesting day of functions assigned to either company by this Act shall, after that day, lie against the appropriate company, whether or not a claim was made against the Minister before that day, and not against the Minister.
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(2) Any claim made or proper to be made by the Minister in respect of any loss or injury arising from the act or default of any person before the vesting day shall, where the claim relates to functions assigned to either company by this Act, be regarded as made by or proper to be made by that company and may be pursued and sued for by that company as if the loss or injury had been suffered by the company.
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