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(1)For the purpose of the administration of matters relating to the Air Force and to the defence of the realm by air there shall be established an Air Council consisting of one of His Majesty's Principal Secretaries of State who shall be President of the Air Council and of other members who shall be appointed in such manner and subject to such provisions as His Majesty may, by Order in Council, direct.
(2)His Majesty may, by Order in Council, fix the date as on which the Air Council is to be established, and make provision with respect to. the proceedings of the Air Council and the manner in which the business of the Council is to be distributed among the members thereof.
(3)On the establishment of the Air Council, the Air Board constituted under the [6 & 7 Geo. 5. c. 68.] New Ministries and Secretaries Act, 1916, shall cease to exist, and all the powers, duties, rights, liabilities, and property of that Board shall be transferred to the Air Council, but nothing in this subsection shall affect any orders, instructions, or other instruments issued by the Air Board, and all such instruments shall have effect as if issued by the Air Council.
(4)His Majesty may, by Order in Council, transfer from the Admiralty, or from the Army Council or the Secretary of State for the War Department, to the Air Council or the President of the Air Council such property, rights, and liabilities of the Admiralty or Army Council or Secretary of State as may be agreed between the Air Council and the Admiralty or the Army Council, as the case may be.
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