New South Wales Consolidated Acts

RURAL RECONSTRUCTION ACT 1939 - SECT 5

5 Name of body corporate

(1) Upon the commencement of this Part the name of the body corporate constituted by section seven of the Principal Act shall be the “Rural Reconstruction Board”.

(2) Nothing contained in this Act shall prejudice or affect in any way the continuity of such body corporate, but the same shall continue notwithstanding the provisions of this Act.

(3) The alteration of name effected by subsection one of this section, the amendments made to the Principal Act by section two of this Act and the provisions of section four of this Act, shall not affect any property, powers, rights, authorities, duties, functions, liabilities or obligations of the said body corporate or the appointment of the Director or of any person who, immediately before the commencement of this Part, held office as a member of the said body corporate or render defective any legal or other proceedings instituted or to be instituted by or against the body corporate, and any legal or other proceedings may be continued by or against the body corporate by the name of the Rural Reconstruction Board that might have been continued or commenced by or against the corporation by the name of the Farmers’ Relief Board.

(4) The body corporate aforesaid shall continue notwithstanding that there are at any time or times vacancies in the offices of all of the members of the body corporate or of any one or more of them.

(5) Upon the commencement of this Part, a reference in any Act or other instrument, to the Farmers’ Relief Board, shall be read and construed as a reference to the Rural Reconstruction Board.

(6) The agency of the Rural Bank of New South Wales which, immediately before the commencement of this Part, was known as the Farmers’ Relief Agency, shall, as from such commencement, be known as the Rural Reconstruction Agency, and a reference in any Act or other instrument to the Farmers’ Relief Agency shall be read and construed as a reference to the Rural Reconstruction Agency.