45. In any order, order in council, proclamation, contract or document, the expressions “Minister of Financial Institutions and Cooperatives”, “Superintendent of Insurance” and “Director of Companies” and the expressions “Minister”, “Superintendent” and “Director” where they designate such persons mean the Minister of Finance or the Inspector General of Financial Institutions according to the functions vested in them, respectively, by law or, if the Government decides otherwise, to such other person as it may designate.
An order of the Government made pursuant to the first paragraph may have effect from any date not earlier than 16 December 1982.