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156. (1) On the establishment day of the Authority, all property, including choses-in-action, that immediately before that day was vested in the Policing Authority shall stand vested in the Authority without any assignment.
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(2) Every chose-in-action vested in the Authority by virtue of subsection (1) may, on and after the establishment day of the Authority, be sued on, recovered or enforced by the Authority in its name, and it shall not be necessary for the Authority or the Policing Authority to give notice to any person bound by the chose-in-action of the vesting effected by that subsection.
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