Companies Auditors and Liquidators Disciplinary Board Act 1982
10Savings and transitional provisions
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10 Savings and transitional provisions
(1) A person who, immediately before the commencement of this Act, was a member of the Companies Auditors Board constituted under the Companies Act 1962 shall be deemed to be a member of the Companies Auditors and Liquidators Disciplinary Board constituted by this Act and to have been appointed to hold office for the period expiring on the date on which the period for which he was appointed under the Companies Act 1962 would have expired.
(2) A person who, immediately before the commencement of this Act, was the deputy of a member of the Companies Auditors Board constituted under the Companies Act 1962 shall be deemed to be the deputy of that member of the Companies Auditors and Liquidators Disciplinary Board constituted under this Act and to have been appointed to hold office for the period expiring on the date on which the period for which that member was appointed under the Companies Act 1962 would have expired.
(3) Notwithstanding the repeal of the Companies Act 1962 by the Companies (Application of Laws) Act 1982 , the Companies Auditors Board established by the Companies Act 1962 continues in existence for such period as is necessary for that Board to complete any proceedings or business that it had commenced but not completed before the repeal of the Companies Act 1962 , and that Board has, for the purposes of completing that proceeding or business, all the powers that it would have had if that Act had not been repealed.