Precedence of Proclamations.
Section 6
SEC. 6. Precedence of Proclamations. — All obligations arising from the contracts entered into by the Home Guaranty Corporation pursuant to the implementation of Proclamation No. 1826, Series of 1979, Proclamation No. 137, Series of 1987, Proclamation No. 248, Series of 1993, Proclamation No. 1169, Series of 1998; including vested rights that have accrued shall remain valid, legal and unassailable so long as they are consistent with the provisions of this Act: Provided, That all conveyance contracts to be executed after the approval of this Act shall be entered into by the Housing And Urban Development Coordinating Council or the National Housing Authority: Provided, finally, That the trusteeship function of the Home Guaranty Corporation over the National Government Center Housing Project (West side) as provided for under the Inter-Agency Memorandum of Agreement among the Department of Environment and Natural Resources, Department of Finance, Home Insurance and Guaranty Corporation (now Home Guaranty Corporation), the National Government Center Housing Committee and Housing and Urban Development Coordinating Council dated May 04, 1989 and Trust Agreement between Housing and Urban Development and Coordinating Council and Home Insurance and Guaranty Corporation (now Home Guaranty Corporation) dated May 4, 1990, excluding those where the Home Guaranty Corporation has acquired proprietary interest such as the Commonwealth Enterprise Zone is hereby transferred to the National Housing Authority.