Section 21: Dissolution of existing Centre

(1) The National Metallurgical Development Centre hitherto operating under the National Steel Council established under the National Steel Council Act, is hereby dissolved.
(2) A person who immediately before the commencement of this Act was a member of staff or an employee of the dissolved Centre shall, as from the commencement of this Act, become the holder of an appointment in the Centre with the status, rank, designation and functions which correspond as far as possible to those which appertained to him as a member of that staff or as such an employee.
(3) All assets, rights, liabilities and obligations which immediately before the commencement of this Act were assets, rights, liabilities and obligations of the dissolved Centre shall, by virtue of this Act and without further assurance, vest in or be taken over by the Centre.
(4) Anything made or done or having effect as if made before the commencement of this Act by the dissolved Centre and having any resulting or continuing effect shall be treated as from the commencement of this Act as if it were made or done by the Centre.