Section 10Part 0 —
Vesting of property
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Any property, assets and rights in the Islands which immediately before the commencement of this Law were vested in the Cayman Islands Branch or the Society and under the control of the Cayman Islands Branch, as then constituted, shall, on the commencement of this Law, vest in the Cayman Islands Red Cross as incorporated by this Law; and any legal obligations or liabilities incurred before the commencement of this Law by the Cayman Islands Branch, as then constituted, and remaining unsatisfied, shall on the commencement of this Law devolve on the Cayman Islands Red Cross as incorporated by this Law.