Acts done by the Authority from 1st January, 1982 and prior to the date of this Act

All acts done between the first day of January, 1982 and the date of this Act by the Authority shall be deemed to be acts done by the Bank, and all acts done by the Board of Directors of the Authority shall be deemed to be acts done by the Board of Directors of the Bank and shall be and are hereby declared to be valid and effectual for all purposes whatsoever.