Section 18: Repeal and saving of existing offices
(1) The Savings Bank Act is hereby repealed.
[Cap. 188 of the L.F.N. 1958 Edition.]
(2) The Savings Bank established by the Savings Bank Act and all offices thereof subsisting at the time when this Act comes into operation shall be deemed to have been constituted and established under the provisions of this Act.
Cite this section
Section 18, FEDERAL SAVINGS BANK ACT (1972).
https://repo.podus.ai/laws/federal-savings-bank-act/section/18/