Clause 65

The Accountants Act (Cap. 2) is repealed.

All acts done before the appointed day by the Public Accountants Board established under Part II of the repealed Accountants Act shall continue to remain valid and applicable as though done by the Authority or the Oversight Committee, until such time as invalidated, revoked, cancelled or otherwise determined by the Authority or the Oversight Committee.

Where anything has been commenced by or on behalf of the Public Accountants Board before the appointed day, such thing may be carried on and completed by or under the authority of the Authority or the Oversight Committee.

Any subsidiary legislation made under the repealed Accountants Act and in force immediately before the appointed day shall, so far as it is not inconsistent with the provisions of this Act, continue in force as if made under this Act until it is revoked or repealed by subsidiary legislation made under this Act.

Any notice, order or direction issued or made before the appointed day under the repealed Accountants Act shall be deemed to be a notice, an order or a direction issued or made under this Act.