(a) subject to paragraph (b), an existing cause of action, claim or liability to prosecution is unaffected,

(b) a civil, criminal or administrative action or proceeding pending by or against the Marketing Corporation under its former name of New Brunswick Power Generation Corporation may only be continued to be prosecuted by or against the Corporation except in relation to claims, rights, liabilities, obligations and privileges or classes of them referred to in subsection 53(3),

(c) a conviction against, or ruling, order or judgment in favour of or against the Marketing Corporation under its former name of New Brunswick Power Generation Corporation may only be enforced by or against the Corporation except in relation to claims, rights, liabilities, obligations and privileges or classes of them referred to in subsection 53(3), and

(d) in any document dealing with property transferred to and vested in the Corporation under paragraph 53(1)(a) or a claim, right, liability, obligation or privilege transferred to and vested in the Corporation under paragraph 53(1)(b), it is sufficient to cite this Act as effecting the transfer to and vesting in the Corporation of the property, claim, right, liability, obligation or privilege.