Section 23: Savings.

(1) A person who at the commencement of this Act was a member of staff or an employee of the Raw Materials Research and Development Council, shall as from the commencement of this Act become a member of staff or employee of the Council with the status, rank, designation and functions which corresponds as far as possible to those which appertained to him as a member of staff or employee of the Raw Materials Research and Development Council.
(2) All assets, rights, liabilities and obligations which immediately before the commencement of this Act were assets, rights, liabilities and obligations of the Raw Materials Research and Development Council shall by virtue of this Act, be taken over by the Council.
(3) Anything made or done or having effect before the commencement of this Act by the Raw Materials Research and Development Council 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 Council.