Repeal and savings
35. (1) Upon the establishment of the Bangladesh Tea Board under section 3, the Tea Ordinance, 1959 (Ord. XLVI of 1959), hereinafter referred to as the said Ordinance, shall stand repealed.
(2) Upon the repeal under sub-section (1),-
(a) the Bangladesh Tea Board constituted under the said Ordinance, hereinafter referred to as the dissolved Board, shall stand dissolved;
(b) all assets, rights, powers, authorities and privileges, and all properties, movable and immovable, cash and bank balances, funds of the dissolved Board and all other interests and rights in, or arising out of, such property, shall stand transferred to, and vested in, the Board;
(c) all debts, liabilities and obligations of whatever kind of the dissolved Board subsisting immediately before its dissolution shall, unless the Government otherwise directs, be the debts, liabilities and obligations of the Board;
(d) all suits and other legal proceedings instituted by or against the dissolved Board before its dissolution shall be deemed to have been instituted by or against the Board;
(e) services of all officers, advisers and employees of the dissolved Board shall, notwithstanding anything contained in any contract or agreement or in the terms and conditions of service, stand transferred to the Board and they shall be deemed to be officers, advisers and employees of the Board appointed by it on the same terms and conditions of service as were applicable to them in the dissolved Board unless such terms and conditions are altered, not being to their disadvantage, by the Board.