Transitional provisions.

1 Nothing in section 140 or Schedule 16, or in any repeal made by this Act, affects the validity of anything done by or in relation to Housing for Wales before its functions are transferred. 2 There may be continued by or in relation to the Secretary of State for Wales anything (including legal proceedings) which— a relates to any of the functions of Housing for Wales or to any property, rights or liabilities transferred by section 140(2), and b is in the process of being done by or in relation to Housing for Wales when its functions are transferred. 3 Anything which— a was done by Housing for Wales for the purpose of or in connection with any of its functions or by Housing for Wales or the Housing Corporation for the purpose of or in connection with any property, rights or liabilities transferred by section 140(2), and b is in effect immediately before its functions are transferred, shall have effect as if done by the Secretary of State for Wales. 4 The Secretary of State for Wales shall be substituted— a for Housing for Wales in any instruments, contracts or legal proceedings which relate to any of the functions of Housing for Wales and are made or commenced before its functions are transferred, and b for Housing for Wales or the Housing Corporation in any instruments, contracts or legal proceedings which relate to any property, rights or liabilities transferred by section 140(2) and are so made or commenced.