Section 8: Winding up of existing research institutes and their committees

(1) The Minister shall by Order provide for-
(a) the winding up of the affairs of the institutes and committees established by the West African Institute for Oil Palm Research Act and the West African Institute for Trypanosomiasis Research Act, respectively; and
(b)
the winding up as respects Nigeria of the affairs of the institute and committee regulated by the West African Cocoa Research Institute (Nigerian Status) Act,1950, and for the transfer of the assets and liabilities of each such institute and committee as aforesaid to the corresponding institute established by this Act; but nothing in this sub-section shall be construed as affecting the assets or liabilities of the institute or committee regulated by the said Act of 1950 except to the extent that they arise within Nigeria or by reason of activities carried on or formerly carried on within Nigeria.
(2) An order made in pursuance of subsection (1) of this section may contain such incidental and supplementary provisions as the Minister considers expedient for the purposes of the order.
(3) When it appears to the Minister that the affairs of any institute mentioned in paragraph (a) or (b) of subsection (1) of this section and its committee have been wound up, he shall by order declare the institute and committee to be dissolved on such day as may be specified by the order; and the order-
(a) shall include provision repealing on that day the enactments mentioned in sub-section (1) of this section so far as they relate to the institute and committee dissolved by the order; and
(b) may include provision repealing or modifying any other enactment relating to the institute or committee to such extent as the Minister considers expedient in consequence of any other provision made by an order under this section.