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(c) fé réir forálacha an fho-ailt seo i dtaobh cearta chun bheith páirteach i mbrabús, tiocfaidh gach duine bhí, díreach roimh dháta an aistrithe, ina shealbhóir ar sheana-pholasaí chun bheith agus beidh sé, ar dháta an aistrithe, ina shealbhóir ar pholasaí leis an gCuideachta Fhoirceanntach, agus gach ceart no fiachas de chuid an duine sin alos an tseana-pholasaí sin scuirfe sé, ar dháta an aistrithe, de bheith ionfhoirfheidhmithe ag an duine sin i gcoinnibh na Cuideachtan Rannpháirtighe do thug amach an polasaí sin no i gcoinnibh an duine sin ag an gCuideachta Rannpháirteach san agus tiocfaidh chun bheith, agus beidh, ar dháta an aistrithe, ionfhoirfheidhmithe ag an duine sin i gcoinnibh na Cuideachtan Foirceanntaighe no i gcoinnibh an duine sin ag an gCuideachtain sin fé mar do bheadh an ceart no an fiachas san ionfhoirfheidhmithe i gcoinnibh na Cuideachtan Rannpháirtighe sin no acu dá mba ná tárlódh an t-aistriú san;
( c ) subject to the provisions of this sub-section in relation to profit-sharing rights, every person who was, immediately before the transfer date, the holder of an existing policy shall, on the transfer date, become and be a policy holder of the Terminating Company, and every right or liability of such person in respect of such existing policy shall, on the transfer date, cease to be enforceable by or against such person against or by the Participating Company which issued such policy and shall, on the transfer date, become and be enforceable by or against such person against or by the Terminating Company in the same manner as such right or liability would have been enforceable against or by the said Participating Company if the said transfer had not taken place;