PART VII—TRANSITIONAL PROVISIONS. 26. Saving of licences Without prejudice to this Act, licences or permits granted prior to the commencement of this Act— (a) shall have effect as from the commencement of this Act as if granted under this Act; and (b) in case of licence for a specified period, shall remain in force, subject to this Act, for so much of that period as falls after the commencement of this Act. 27. Vesting of Property in Corporation (1) The Minister may, by order published in the Gazette, append a transfer date and on that date, all property, rights and liabilities to which Uganda Television and Radio Uganda was entitled or subject to immediately before that date shall become, by virtue of this section, the property, rights and liabilities of the Corporation. (2) On the transfer date appointed under sub-section (1), Radio Uganda and Uganda Television shall cease to exist and shall be taken to be dissolved. 28. Employees of Radio Uganda and Uganda Television (1) All employees of Uganda Television and Radio Uganda who at the commencement of this Act are entitled to receiving retirement benefits and pension shall be paid by government all these benefits in accordance with terms and conditions in the Pensions Act. (2) All retirement benefits except pension shall be paid before the transfer referred to in Section 27. (3) The Corporation may, on commencement date of this Act, accept into its employment any person who immediately before this date is employed by Uganda Television and Radio Uganda and who has been given an option by Uganda Broadcasting Corporation and has opted to serve as an employee of the Corporation on terms and conditions not less favourable than those to which they are entitled to before the commencement of this Act. 29. Continuance of operations of Radio Uganda and Uganda Television Notwithstanding the establishment of Uganda Broadcasting Corporation, Uganda Television and Radio Uganda shall continue to operate until over a time when the Minister has appointed a transfer date.