Clause 25

Any licence granted under the Bus Services Licensing Authority Act shall be deemed to be a bus service licence granted under this Act, and shall, unless suspended or cancelled by the Council, be valid until the date of expiry specified in such licence.

Any security deposited with or bank guarantee furnished to the Bus Services Licensing Authority prior to the commencement of this Act shall be deemed to have been deposited with or furnished to the Accountant-General under this Act.

Any rate of hire or fare prescribed for omnibuses and taxis under the Road Traffic Act (Cap. 276) prior to the commencement of this Act shall be deemed to be the rate of hire or fare approved for buses and taxis respectively under this Act and shall continue to apply until new rate of hire or fare is approved by the Council.