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(1)On such day as Her Majesty may by Order in Council appoint for the purposes of this Act (in this Act referred to as the " appointed day "), the office of master of the Post Office shall cease to exist.
(2)The following provisions of this Act shall have effect for the purpose of distributing powers and duties, and rights and liabilities, of the person for the time being holder of the office of master of the Post Office and property used or appropriated for use for, or in connection with, the discharge of that person's functions, and of making other provision whereof the making is for the most part rendered necessary or expedient in consequence of the abolition of the office of master of the Post Office.
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