Currency and Exchanges Act, 1933 (Act 9 of 1933)

Regulations

Exchange Control Regulations, 1961

23. Withdrawal of regulations

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(1)The regulations published under Government Notices Nos. 2800 of 2nd November, 1951, 797 of the 6th June, 1958, 194 of 6th February, 1959 and Extraordinary Government Gazette Notice No. 84 of 16th June, 1961, are hereby withdrawn.

 

(2)Any certificate issued, exemption, permission or consent granted, order given, period fixed, return, declaration, report, or appointment rendered or made, security provided, information furnished or act done under or in terms of the provisions of any regulation withdrawn by this regulation, shall be deemed to have been issued, granted, given, fixed, rendered, made, provided, furnished or done under or in terms of the corresponding provisions of these regulations; provided that the provisions of this subregulation shall not apply in respect of any power or function, vested in the Treasury by any regulation so withdrawn, which the Treasury exercised through the medium of a notice in the Gazette.