(1) An order, regulation, direction, licence, permission, register, registration, certificate, instrument of approval, notice, instruction or other instrument, document or record that was made, given, established, issued or granted under a provision of, or made under, the Acts, relates to a matter to which a function of the company relates and is in force immediately before the vesting day shall, on and after the vesting day, in so far as it so relates, continue in force and may be amended, revoked, cancelled, withdrawn, suspended or endorsed by the company as if it had been made, given, established, issued or granted under the corresponding provision of, or made under, this Act.

(2) References in any statute or instrument under statute or other document or record referred to in subsection (1) to the Minister shall, on and after the vesting day, in so far as the reference relates to a matter to which a function of the company relates, be construed as a reference to the company.