SCHEDULE 1 - Savings and TransSCHEDULE 1 - Savings and Transitional provisions

# SCHEDULE 1 - Savings and Trans SCHEDULE 1 - Savings and Transitional provisions [Section 43](#GS43@EN) > **1.   **Interpretation**** > > > In this Schedule – > > > > > ***commencement day*** means the day on which this Act commences; > > > > > ***repealed Act*** means the [Commercial and Inquiry Agents Act 1974](/view/html/inforce/2026-04-12/act-1974-088) . > **2.   **Licences**** > > > > (1) A licence to act as a commercial agent, an inquiry agent or a security agent in force under the repealed Act immediately before the commencement day is, on that day, an agent licence until it ceases to have effect as specified in the licence. > > > > > (2) A licence to act as a commercial sub-agent or a security guard in force under the repealed Act immediately before the commencement day is, on that day, an employee licence until it ceases to have effect as specified in the licence. > > > > > (3) An application for a licence made under the repealed Act and not determined before the commencement day is, on that day, to be treated as an application for the appropriate licence under this Act. > **3.   **Proceedings**** > > > Any proceedings instituted but not heard or determined under the repealed Act before the commencement day may, on and after that day, be heard and determined under that Act.