7. (1) All rights and liabilities arising by virtue of any contract or commitment (expressed or implied), entered into in the performance of the functions transferred by virtue of section 4 before the appointed day, shall on that day stand transferred to the Minister for Arts, Heritage and the Gaeltacht.

(2) Every right and liability transferred by virtue of subsection (1) to the Minister for Arts, Heritage and the Gaeltacht may, on and after the appointed day, be sued on, recovered or enforced by or against that Minister in his or her name, and it shall not be necessary for that Minister to give notice to a person whose right or liability is transferred by that subsection of such transfer.

(3) Every lease, licence, wayleave or permission granted in the performance of the functions transferred by virtue of section 4 and in force immediately before the appointed day, shall continue in force as if granted by the Minister for Arts, Heritage and the Gaeltacht.