(1)When an order of supercession or dissolution has been passed under the preceding section, the following consequences shall ensue:(a)all the Commissioners of the Board shall as from the date of the order, vacate their offices as such Commissioners;(b)all the powers and duties which under this Act may be exercised and performed by the Board, whether at a meeting or otherwise, shall, during the period of supersession or in case of dissolution till the new Commissioners and the Chairman are elected or nominated be exercised and performed by such person or persons as the State Government may direct:(c)all property vested in such Board shall during the period of supersession or dissolutions, as the case may be, vest in the State Government.