10. Acts done by Accounting and Corporate Regulatory Authority under repealed Act

All acts done by the Accounting and Corporate Regulatory Authority or the Registrar of Companies under the repealed Act in relation to any company which, immediately before 1st February 2006, was registered as a trust company under section 4 of the repealed Act shall continue to remain valid and have effect as if done by the Monetary Authority of Singapore under the Act, until such time as such acts are invalidated, revoked or otherwise determined by the Monetary Authority of Singapore.