Validation of acts of committees and of members and administrators whose term of office stands extended under section 3.

All members of the committees and administrators of the Co-operative Sugar Factories under erection, whose term of office is deemed to have been extended or is extended, as the case may be, under section 3, shall, throughout the extended period, also be competent to exercise all powers and to perform all duties and functions as such members or administrators, as the case may be ; and no act done by any such committee or member or administrator during the said period shall be deemed to be invalid, or shall be called in question in any Court, merely on the ground that the term of office was not extended in time, or was not otherwise duly extended, or that during the extended period the committee or member or administrator could not exercise all powers and perform all duties and functions of a committee or member or administrator, as the case may be.