Without prejudice to the generality of this Act and despite anything to the contrary in any other Act or law, if, immediately before the relevant date, National Electricity is, in relation to former National Electricity property, the registered proprietor of an interest in land under the Transfer of Land Act 1958 , then on and after that date—
(a) the transferee is to be taken to be the registered proprietor of that interest in land; and
(b) the transferee has the same rights and remedies in respect of that interest as National Electricity had.
S. 108 substituted by No. 53/1994 s. 24.