(1) A scheme prepared under any enactment by a dissolved body that was in force immediately before the establishment day shall continue in force on and after that day.

(2) A scheme under any enactment that was altered by a dissolved body and that was in force immediately before the establishment day, shall continue in force on and after that day as so altered.

(3) For the avoidance of doubt, the Commission may amend or revoke a scheme to which this section applies under and in accordance with the enactment under which the scheme was prepared.