(1) A change of name of an incorporated association made in accordance with this Part does not—
(a) create a new legal entity; or
(b) prejudice or affect the identity of the body corporate constituted by the association or its continuity as a body corporate; or
(c) affect the property, or the rights or obligations, of the association; or
(d) render defective any legal proceedings by or against the association.
(2) Any legal proceedings that may have been continued or commenced by or against an incorporated association by its former name may be continued or commenced by or against it by its new name.