(a) a State proposes to establish an institution;
(b) the name of the proposed institution is referred to in an instrument signed by the Minister; and
(c) an institution under that name has not been established or a body has not been established to administer the proposed institution;
then, for the purposes of this Act:
(d) an institution under that name shall be taken to be in existence;
(e) the Minister is taken to have paid money to the institution if he or she has paid the money to a person or body determined by the Minister to be the appropriate authority in relation to the institution for the purposes of this Act; and
(f) the institution shall be taken to have done any act or thing that is required or permitted by this Act to be done if the appropriate authority in relation to the institution has done that act or thing.