Section 13

In relation to any Development Fund (whether or not established by or in accordance with any written law) all acts done, payments made or expenditure authorised or incurred after the commencement but before the passing of this Act, which if done, made, authorised or incurred before the commencement of this Act would have been valid, shall be deemed to have been done, made, authorised or incurred under this Act.

FIRST SCHEDULE

(Section 3)

PURPOSES TO WHICH THE FEDERAL DEVELOPMENT FUND MAY BE APPLIED