(1) This section applies if, as a result of a transfer under this Act, a person (the successor ) becomes the successor in law of another person (the original person ) at a particular time in relation to a particular asset, liability, right, benefit or obligation. (2) If any proceedings to which the original person was a party:

(a)

were pending in any court or tribunal immediately before that time; and

(b)

related, in whole or in part, to the asset, liability, right, benefit or obligation, as the case may be;