40.—(1) Notwithstanding the provisions of this Act, a person who, immediately before 30th August 1991, held office as a member of the previous Board shall continue to hold office from that date as if appointed under the provisions of this Act and, subject to section 4, for the residue of his term of office.
(2) The first Registrar of the Board shall be the person who, immediately before 30th August 1991, held office as the Registrar of the previous Board, and such person shall continue to hold office as if he had been appointed under section 8.