The Division of Economic Development in the Department of Labor and Industry established pursuant to P.L. 1965, c. 21 (C. 13:1B-15.75 et seq.) is abolished and the employees of this division as it was originally constituted are transferred, pursuant to the "State Agency Transfer Act", P.L. 1971, c. 375 (C. 52:14D-1 et seq.) to the new Division of Economic Development in the Department of Commerce and Economic Development established pursuant to this act.
N.J.S. § 52:27H-10