party (including a separation caused by the merger, consolidation, conservatorship, or receivership of a System institution) shall not affect the jurisdiction and authority of the Farm Credit Administration to issue any notice or order and proceed under this part against any such party, if the notice or order is served before the end of the 6-year period beginning on the date the party ceased to be such a party with respect to the System institution (whether the date occurs before, on, or after the date of the enactment of this section). . 5506. Definition Section 5.35 of the Farm Credit Act of 1971 ( 12 U.S.C. 2271 ) is amended— (1) by striking and at the end of paragraph (3)