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Winding up of Board.
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4.—(1) The Board shall, as soon as may be after the passing of this Act, wind up its affairs.
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(2) (a) The Board may do or cause to be done anything required to enable it to fulfil the obligation imposed on it by subsection (1) of this section.
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(b) (i) Without prejudice to the generality of paragraph (a) of this subsection and notwithstanding anything contained in the Principal Act, subject to subparagraph (ii) of this paragraph, the Board may for the purpose referred to in that paragraph terminate the appointment under section 12 of the Principal Act of any person who for the time being is the secretary, the assistant secretary or an officer of the Board.
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(ii) The termination of an appointment referred to in subparagraph (i) of this paragraph shall be on such terms as may be agreed between the Board and the other person concerned, or, in default of such agreement, as may be determined by the Minister for the Public Service.
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(3) Notwithstanding subsection (2) of this section, the Board shall not assign, surrender or otherwise dispose of its interest in any premises acquired or taken on lease by it pursuant to section 11 of the Principal Act (as amended by section 7 of the Act of 1943) without the prior approval of the Minister.
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