Burn Company and Indian Standard Wagon Company (Nationalisation) Act ,1976

Act No : 97

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Section : REPEAL AND SAVING

SECTION 34: REPEAL AND SAVING

(1)The Burn Company and Indian Standard Wagon Company (Taking over of Management) Act, 1973and the Burn Company and Indian Standard Wagon Company (Nationalisation) Ordinance, 1976, are hereby repeated.

(2) Notwithstanding such repeal,-

(a) anything done or any action taken by the Custodian in exercise of the powers of the Board of Management of the two companies at any time within the period during which the management of the undertakings of the two companies remained vested in the Central Government or at any time before the date on which this Act receives the assent of the President, shall be deemed to have been done or taken in accordance with law;

(b) anything done or any action taken under the Ordinance so repealed shall be deemed to have been done or taken under the corresponding provisions of this Act.

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