P.U. 173/66
COMPANIES REGULATIONS, 1966
PART V- REVOCATION
Regulation 25. Repeal.
(1) The written laws specified in the Third Schedule hereto are hereby repealed.
(2) The repeal effected by paragraph (1) of this regulation does not -
(a) affect the operation before the coming into effect of these Regulations of any of the regulations so repealed;
(b) alter the past or future effect of the doing, suffering, or omission anything before the coming into effect of these Regulations;
(c) affect any licence, transfer of licence, entry, certificate, transfer of certificate, approval, cancellation of licence, or certificate, decision, statement, or return made, granted, issued, or given under or by virtue of any of the regulations so repealed;
(d) affect any estate, right, title, interest, privilege, power, duty, obligation, liability, charge, or penalty created, acquired, accrued, exercisable incurred, or imposed by or under, or liable to be imposed under, any of the regulations so repealed;
(e) affect any notice, order, or direction, or any proceeding, matter or thing presented, made, held, given, published, declared, or done under any of the regulations so repealed; or
(f) affect any legal or other proceeding commenced before or after the coming into effect of these Regulations in respect of any of the matters or things mentioned in sub-paragraphs (a) to (e) of this paragraph.
(3) All matters and things mentioned in paragraph (2) of this regulation, to the extent that they were respectively in force immediately before the coming into effect of these Regulations, are preserved and continued, and declared to be of the same force and effect as if these Regulations had been in force when they were respectively done, suffered, omitted, made, granted, issued, created, acquired, incurred, imposed, presented, held, given, published, declared, or accrue, or become exercisable, or liable to be imposed, and they respectively had been done, suffered, omitted, made, granted, issued, created, acquired, incurred, imposed, presented, held, given, published, declared, or had accrued, or become exercisable, or liable to be imposed, under these Regulations.
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