8.—Nothing in this Act shall—

(a) enable any action to be brought which was barred before the operative date by any enactment repealed by this Act, except so far as the cause of action or right of action may be revived by an acknowledgment or part payment made in accordance with Part III of this Act, or

(b) affect any action commenced before the operative date or the title to any property which is the subject of any such action.