Clause 23

All deeds, bonds, contracts, agreements and instruments subsisting immediately before the appointed day affecting the Timber Industry Board or any employee of the Government or of the Timber Industry Board transferred to the service of the Board under section 20 shall continue in force on and after that date and shall be enforceable by or against the Board as if, instead of the Government or the Timber Industry Board or any person acting on behalf of the Government or the Timber Industry Board, the Board had been named therein or had been a party thereto.