|
|
Validation of cheques of the Institute.
|
61.—The dissolution of the Institute by section 10 shall not invalidate or affect any payable order or cheque issued by the Institute and not presented for payment before the commencement of that section, or any authority given by the Institute for the payment of the amount of any payable order or cheque and the Authority shall make arrangements for the payment of the amount of every such order or cheque upon due presentation within a reasonable time after such commencement.
|
