Section 13

All property movable or immovable, which immediately before the commencement of this Act was vested in or held by or for the Malayan Rubber Export Registration Board established and constituted under the Rubber Shipping and Packing Control Ordinance, 1949 and the Board constituted under the Federation of Malaya Rubber Exchange (Incorporation) Act, 1962 shall on the coming into force of this

Act and without any conveyance, assignment or transfer whatever vest in or pass to the Board constituted under this Act for the like title, estate or interest and on the like tenure and for the like purposes as the same was vested or held immediately before the coming into force of this Act; and all rights and liabilities which immediately before the said commencement were the rights and liabilities of the first mentioned Boards shall upon the commencement be the rights and liabilities of the Board constituted under this Act.