Section 23: Dissolution of certain bodies and transfer of their assets and liabilities; repeals and savings.

(1)
The following enactments are hereby repealed and the respective bodies established by or pursuant to those enactments are hereby dissolved, that is to say-
[L.L. of N.N.1963. Cap. 70 L.L. of W.N.1959. Cap. 75 E.C.S.]
(a)
the Marketing Board Law of former Northern Nigeria as in force in the Bauchi, Borno, Gongola, Kaduna, Kano, Kwara, Niger and Sokoto States and the Northern States Marketing Board;
[Edict No. 1 of 1970. L.L of L.S. 1972. Cap. 83 M.W.N. Edict No. 1 of 1972. R.S. Edict No. 10 of 1969. B.P.S. Edict No. 8 of 1972. S.E.S. Edict No. 2 of 1968. Cap. 60. 1968 No. 14. 1971 No. 31. 1973 No. 45.]
(b) the Marketing Board Law of former Western Nigeria as in force in the Ogun, Ondo and Oyo States and the Western Nigeria Marketing Board;
(c) the East-Central State Marketing Board Law 1970 as in force in the Anambra and Imo States and East-Central State Marketing Board;
(d) the Marketing board Law of Lagos State and the Lagos State Marketing Board;
(e) the Mid-Western Nigeria Marketing Board Law 1971 as in force in the Bendel State and the Bendel State Marketing Board;
(f) the Rivers State Marketing Board Law 1970 and the Rivers State Marketing Board;
(g) the Marketing Board Law 1972 of the former Benue-Plateau State as in force in the Benue and Plateau States and the Benue-Plateau Marketing Board; and
(h) the South-Eastern State Marketing Board Law 1968 of the former South-Eastern State as in force in the Cross River State and the Cross River State Marketing Board.
(2) Notwithstanding the provisions of the Companies and Allied Act or any other enactment (including the articles of association of the Company) the Nigerian Produce Marketing Company Limited is hereby dissolved and the Export of Nigerian Produce (Special Provisions) Act 1968 is hereby repealed and the following enactments are hereby consequentially repealed, that is-
(a) the Export of Nigerian Produce (Special Provisions) (Amendment) Act 1971; and
(b) the Export of Nigerian Produce (Special Provisions) (Amendment) Act 1973.
(3) As from the commencement of this Act-
(a) the assets and liabilities of the Nigerian Produce Marketing Company Limited shall be transferred to the Federal Government; and
(b)
the assets and liabilities of any body established under or pursuant to any enactment repealed under this section other than their accumulated pension funds which shall be transferred to the relevant State or States, that is to say in respect of each such body, the State or States in which the enactment setting it up is in force immediately before the date of commencement of this Act, and accordingly, the transitional and saving provisions contained in the Third Schedule to this Act shall have effect notwithstanding anything contained in this Act or any such aforementioned enactment.
[Third Schedule.]
(4) Notwithstanding any other provisions of this Act, any agent licensed pursuant to any enactment repealed by this section may continue to function as such agent until other provision is made relative to licensed agents pursuant to this Act.
(5)
Without prejudice to section 4 (2) (c) of the Interpretation Act, any subsidiary instrument made under any enactment repealed by this section and which is still in force immediately before the date of commencement of this Act shall, in so far as such instrument is not inconsistent with the provisions of this Act, continue in force as if made under this Act.
[Cap. 123.]