148. The members of the board of directors, including the chair, proposed in the application that gave rise to a new agency resulting from an amalgamation or division of territory become, without further formality and without ratification, the members and the chair of the board of directors of the new agency. In a similar manner, the by-laws proposed for the new agency become the by-laws of the new agency.
The protection and development plan of a former agency remains in force in the territory to which it applied until it is amended or replaced by the new agency having jurisdiction in that territory.