CURRENCY CONVERSION (FREEZING ORDERS) ACT
Section 8: Existing investigating panels.
(1) Any panel appointed pursuant to any enactment or any purported exercise of any powers under any enactment or howsoever appointed for the purposes of investigating any sources of deposit and rates of exchange of old currency notes in connection with any currency conversion operation before the commencement of this Act, shall be deemed to have been duly appointed under this Act by the Minister as from the date on which the panel was appointed or the date of its notification in the Federal Gazette, whichever first occurs.
(2) Any power exercisable by the Minister in relation to an investigating panel under this Act, shall accordingly be exercisable by the Minister in relation to any such panel to which subsection (1) of this section as if the panel were appointed pursuant to section 6 of this Act.
Cite this section
Section 8, CURRENCY CONVERSION (FREEZING ORDERS) ACT (1971).
https://repo.podus.ai/laws/currency-conversion-freezing-orders-act/section/8/