Consequences of dissolution

Where a council is dissolved under subsection (1) of section 10 of this Act, then, (a) subject to the following paragraphs of this section, the members of the council shall from the date of the dissolution vacate their (b) all the powers, duties and liabilities of the council shall, until the constitution of a new be exercised, performed and discharged by the persons who held the posts 14 of chairperson, secretary and treasurer of the council immediately before the dissolution; and (c) all property belonging to or vested in or in the occupation of the council shall, during the period aforesaid, vest in and be in the occupation, control and management of the persons indicated in paragraph (b) of this section.