Commonwealth Numbered Acts

PAPUA NEW GUINEA (STAFFING ASSISTANCE) ACT 1973 No. 70, 1973 - SECT 49

49. (1) Where an order, decision or determination made, notice given, or act
or other thing done, by the corporation referred to in section 5 of the
Contract Officers Ordinance was in effect immediately before the prescribed
date, it continues to have effect on and after that date as if it had been
made, given or done by the Benefits Board under this Act.

(2) An investment held immediately before the prescribed date in the name of
that corporation, however described, under section 9 of that Ordinance shall,
on and after that date, be held in the name of the Benefits Board under this
Act, and any instrument or document relating to such an investment has effect
accordingly.

(3) A bank account maintained immediately before the prescribed date in the
name of that corporation shall, on and after that date, be deemed to be an
account in the name of the Benefits Board.