Adjustment of rights and liabilities

(1) Nothing contained in section 2 or section 3 shall be deemed to prejudice any rights and liabilities subsisting on the date of commencement of this Act. (2) Subject tofhe provisions of sub-section (1) the aforesaid rights and liabilities in so far as they concern the State Government and relate to a period subsequent to the date aforesaid, shall in accordance with any general or spe~iai order made by the State Government or, subject to their control, by any oficer or authority empowered in that behalf, be liable to be adjusted and given effect to as if lhe provisions of this Act applied i~ respect of such fights and liabilities.