7Powers and duties of commission

7 Powers and duties of commission

Upon and after the date of the proclamation appointing a commission under section six or such later date as may be specified therein for that purpose –

(a) all property, powers, rights, privileges, duties, obligations, and liabilities vested in, belonging to, or imposed upon the authority in whose place the commission is appointed, shall by virtue of the proclamation vest in, belong to, and be imposed upon the commission;

(b) for the purposes of any Act relating to the authority the commission shall be deemed to be the authority;

(c) the commission shall have the like rights and obligations in respect of any then subsisting contract made and entered into by the authority as if that contract had been made and entered into by the commission, and all proceedings in respect of any such contract may be had and taken by or against the commission in its own name;

(d) where the authority is a body corporate the commission, by force of its appointment, shall become a body corporate and may use the common seal of the authority for any purpose for which it could have been used by the authority;

(e) any two members of the commission shall constitute a quorum and may exercise any of the powers or functions of the commission notwithstanding any vacancy on the commission; and

(f) the several members constituting the authority shall forthwith cease to hold office, and all and every of their rights, powers, and functions as such members shall thereupon cease and determine.