Clause 18
Savings and transitional provisions
of Public Trustee (Amendment) Bill
BillNot in forceProvision 18 of 19
Clause 18
(1)
Every act of the Public Trustee Investment Board referred to in the principal Act in force immediately before the date of commencement of this Act done before that date is valid and has effect as if it is done by the Investment Board under the principal Act.
(2)
For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such additional provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient