Section 40. Upon the termination of the Agency’s existence, all petitions, hearings and other proceedings duly brought before, and all prosecutions and legal and other proceedings duly begun by the Agency which arise from or relate to the exercise of its powers or the performance of its duties, and which are pending immediately prior to said termination, shall continue unabated and remain in force notwithstanding said termination, and shall thereafter be completed before or by the secretary of administration and finance.