99.— Every contract or agreement made between the Council, or any trustee or agent of the Council acting on its behalf, and any other person, that was in force immediately before the commencement of this section—

(a) shall continue in force,

(b) shall be construed and have effect as if the name of the Board were substituted in the contract or agreement, for that of the Council or, as the case may be, for that of its trustee or agent acting on its behalf, and

(c) shall be enforceable against the Board.