(1) On the commencement of this section—
(a) the Board (the new Board ) is the successor in law of the Architects Registration Board of Victoria (the former Board ) established under the Architects Act 1958 ; and
(b) the former Board is abolished and its members go out of office; and
(c) all rights, assets, liabilities and obligations of the former Board immediately before its abolition become rights, assets, liabilities and obligations of the new Board; and
(d) the new Board is substituted for the former Board as a party in any proceedings, contract, agreement or arrangement commenced or made by or against or in relation to the former Board; and
(e) the new Board may continue and complete any other continuing matter or thing commenced by or against or in relation to the former Board; and
(f) any reference to the former Board in—
(i) an Act other than this Act; or
(ii) an subordinate instrument within the meaning of the Interpretation of Legislation Act 1984 ; or
(iii) any document whatever—
must so far as relates to any period on or after commencement of this section, and if not inconsistent with the context or subject-matter, be taken to be a reference to the new Board.