Companies Act, 1973 (Act No. 61 of 1973)

Chapter II: Administration of Act

Regulations by the Minister and Proclamations by the State President

16. Regulations and proclamations to remain in force

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1)Any regulations or rules made under section 220 of the repealed Act shall be deemed to have been made under section 15 of this Act and shall remain in force until repealed by regulation.

 

2)The Third and Fourth Schedules to the repealed Act shall, notwithstanding the repeal of that Act, remain in force and shall be deemed to be regulations made under section 15 of this Act until repealed by regulation.

 

3)Any proclamation issued under any law repealed by this Act and in force at the commencement of this Act shall remain in force until repealed by regulation.