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Dissolution of Board
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63. (1) The Minister shall by order appoint a day to be the dissolution day of the Board.
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(2) The Board and any committee established by the Board shall stand dissolved on and from the dissolution day.
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(3) All property, rights and liabilities of the Board, arising by virtue of any contract or commitment (expressed or implied) entered into by it before the dissolution day shall on that day stand transferred to the Executive.
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(4) Every right and liability transferred to the Executive on the dissolution day may be sued upon, recovered or enforced by or against the Executive in its own name and it shall not be necessary for the Executive to give notice to the person whose right or liability is transferred by this section of such transfer.
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(5) Every lease entered into by the Board in relation to land or other property and in force immediately before the dissolution day, shall continue in force as if granted by the Executive.
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