Singapore legislation
Clause 24
Clause 24
Savings and transitional provisions
(1)
Every bus service licence granted for the purposes of section 13 of the principal Act in force immediately before the appointed day and which has not expired on that day shall continue to be in force and have effect as if it were a bus service licence granted under section 8 of this Act until the date of its expiry or until it is cancelled by the Council, whichever is the earlier.
(2)
Notwithstanding anything contained in this Act, a person who, immediately before the appointed day, was providing the service of a bus service operator shall be entitled to carry on as such without a bus service operator’s licence —
for a period of 3 months (or such further period as the Minister may determine) beginning from that day; or
if before the expiration of that period such person applies for a bus service operator’s licence, until the licence is granted or finally refused or the application is withdrawn.
(3)
Any fuel equalisation fund which was established before the appointed day by a bus service licensee or a licensee to whom a licence has been granted under the Rapid Transit Systems Act (Cap. 263A) shall continue and deemed to be a Fuel Equalisation Fund established by that licensee under section 22A(1) of the principal Act inserted by section 11 of this Act and all moneys in that fund shall on the appointed day be transferred by that licensee to its Fuel Equalisation Fund.
(4)
In this section, “appointed day” means the date of commencement of this Act.