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(2) Every right and liability transferred by subsection (1) to the Agency may, on and after the establishment day, be sued on, recovered or enforced by or against the Agency in its own name, and it shall not be necessary for the Agency, or the dissolved body, to give notice to the person whose right or liability is transferred by that subsection of such transfer.
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(3) Every lease, licence, wayleave or permission granted by the dissolved body in relation to land or other property vested in the Agency by or under this Act, and in force immediately before the establishment day, shall continue in force as if granted by the Agency.
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