(2) For the purpose of enabling compliance with section 93 of the Audit Act 1989 in respect of the year ending on 30 June 1995, the Company shall, on behalf of the Authority, prepare and submit a report of the operations of the Authority in respect of that year.

(3) Subject to subsection (2), an act or thing done by or on behalf of the Authority under another law before the relevant day shall, for the purposes of the operation of that law after that date, be taken to have been done by or on behalf of the Company.

(4) Notwithstanding the amendment of section 79 of the Electricity and Water Act 1988 effected by section 3, where before the relevant day—

        (a)     a certificate had been given in accordance with that section for the purpose of proceedings; and

        (b)     those proceedings had not been disposed of before the relevant day;

the certificate continues to be evidence of the matters it states for the purpose of those proceedings as if this Act had not been passed.