Article 17 Winding up of certain bodies established by Federal law
This section applies to the following bodies, that is to say—
the Agricultural Marketing Council established by the Agricultural Marketing Council Act 1956 of the Federation;
the Cold Storage Commission established by the Cold Storage Commission Act 1960 of the Federation;
the Dairy Marketing Board established by the Dairy Produce Marketing and Levy Act 1961 of the Federation;
the Federal Broadcasting Corporation established by the Broadcasting Act 1957 of the Federation;
the Grain Marketing Board established by the Grain Marketing Act 1957 of the Federation;
the Pig Industry Board established by the Pig Industry Act 1959 of the Federation;
the North-Eastern Tobacco Marketing Board established by the Tobacco Marketing and Levy Act 1960 of the Federation;
the South-Western Tobacco Marketing Board established by the said Tobacco Marketing and Levy Act; and
the Tobacco Export Promotion Council of Rhodesia and Nyasaland established by the said Tobacco Marketing and Levy Act.
Each body to which this section applies shall, for the purpose of winding up its affairs before the dissolution of the Federation, and notwithstanding anything in the Act relating to it, have power to do anything which is necessary or expedient for that purpose or is incidental thereto, including in particular, but without prejudice to the generality of that power, power to enter into and carry out agreements for the transfer of its property, rights, liabilities and obligations to any other body or person.
On the dissolution of the Federation each body to which this section applies shall be dissolved, and any property of the body remaining undisposed of shall vest in the Liquidating Agency.
The provisions of subsections (3) and (4) of section 10 shall apply to any property vested in the Liquidating Agency by this section, and the provisions of the said subsection (4) shall apply to any property transferred under subsection (2), as they apply to property vested by section 10.
The provisions of section 11 shall apply in relation to sums due to or by a body to which this section applies and in relation to any right of action by or against such a body as they apply in relation to sums due to or by, and rights of action by or against, the Federal Government.