530.0.3. At the date determined by the order in council made under section 530.0.1, the agency whose responsibilities are conferred on a local authority ceases to exist and, subject to the content of the order in council, its property, rights and obligations become, with no further formality, property, rights and obligations of the local authority.
From that date, the local authority becomes, without continuance of suit, a party to any proceeding to which the agency was a party.
The records and documents of the agency become, with no further formality but subject to the order in council made under section 530.0.1, records and documents of the local authority. The regulations, resolutions, authorizations, recognitions and other acts of the agency are deemed to be regulations, resolutions, authorizations, recognitions and acts of the local authority.