Premature termination compensation permitted for abolished tribunal officeholders, with staff, assets, liabilities and proceedings transferred to successor authorities. Provisions require that on the appointed day incumbent chairpersons and members cease office and may claim compensation for premature termination; deputation officers revert to parent cadres; regular employees transfer to the corresponding successor tribunals with preservation of pension, gratuity and like benefits unless terminated or their terms altered or they opt out within one year. Pending proceedings transfer to successor bodies to be heard de novo or from the prior stage. Unspent funds and property vest in the Central Government, and existing liabilities become those of the corresponding successor tribunals, with related proceedings continuable or enforceable against them.