(1) The North of Scotland Hydro-Electric Board established by section 1 of the Act of 1943 (in this Act referred to as “ the North Board ”) and the South of Scotland Electricity Board established by section 2 of the Act of 1954 (in this Act referred to as “ the South Board ”) shall continue in existence, and are referred to in this Act as “ the Boards ”.
(2) Schedule 1 shall have effect in relation to the constitution and proceedings of the Boards.