13. (1) All rights and liabilities of a water services authority—

(a) subsisting immediately before a property vesting day, and

(b) arising by virtue of any contract or commitment (expressed or implied) relating to any land or other property designated by the order under section 12 that appointed that day,

shall on that day stand transferred to Irish Water.

(2) Every right and liability transferred by subsection (1) to Irish Water may, on and after the property vesting day on which the right or liability stood transferred, be sued on, recovered or enforced by or against Irish Water in its own name, and it shall not be necessary for Irish Water or the water services authority concerned to give notice of its transfer to any person.

(3) Every lease, licence, wayleave or permission granted by a water services authority in relation to land or other property vested in Irish Water by or under this Act, and in force immediately before the property vesting day concerned, shall continue in force as if granted by Irish Water.