6. (1) On the appointed day, all the lands and property (other than chattels personal) referred to in section 5(1) of the Act of 1932 shall, without any conveyance or assignment, stand vested in the Minister for Arts, Heritage and the Gaeltacht for the purpose referred to in that section and for all the estate or interest therein but subject to all trusts and equities affecting the lands continuing to subsist and being capable of being performed.

(2) On the appointed day, all chattels personal referred to in section 5(2) of the Act of 1932, and all other property (other than land), including choses-in-action that immediately before the appointed day were held for the purpose of performance of the functions transferred by virtue of section 4, shall stand vested in the Minister for Arts, Heritage and the Gaeltacht without any assignment.

(3) Every chose-in-action vested in the Minister for Arts, Heritage and the Gaeltacht by virtue of subsection (2) may, on and from the appointed day, be sued on, recovered or enforced by the Minister for Arts, Heritage and the Gaeltacht in his or her name, and it shall not be necessary for the Minister for Arts, Heritage and the Gaeltacht to give notice to any person bound by the chose-in-action of the vesting effected by that subsection.