Clause 32

Upon the coming into operation of this Act, any act done and preliminary expenses incurred by the Government in connection with the establishment of the Board, including the printing of notes and minting of coins to be issued by the Board, shall have the same effect and validity as if such acts had been validly done and such expenses validly incurred by the Board; and the Board may continue any act so commenced but remaining unfinished at the date of the coming into operation of this Act as if such act had been initiated by the Board.