under this Act until it is revoked or repealed by subsidiary legislation made under this Act.
(5) Any notice, order or direction issued or made before the appointed day under the repealed Accountants Act shall be deemed to be a notice, an order or a direction issued or made under this Act.
Savings and transitional provisions for public accountants, accounting corporations and accounting firms
66.—(1) Every person who, immediately before the appointed day, was a registered public accountant under the repealed Accountants Act shall be deemed to be a registered public accountant under this Act.
(2) Every company which, immediately before the appointed day, was an approved accounting corporation under the repealed Accountants Act shall be deemed to be an approved accounting corporation under this Act.
(3) Every firm which, immediately before the appointed day, was providing public accountancy services under a name approved by the Public Accountants Board under the rules made under the repealed Accountants Act shall be deemed to be an approved accounting firm under this Act.
(4) Any certificate of registration issued under the repealed Accountants Act shall be deemed to be a certificate of registration issued under this Act and shall—
- (a) expire on the date on which it would have expired had this Act not been in force; and
- (b) be renewable in accordance with this Act.
Pending disciplinary proceedings
67.—(1) This Act shall not apply to any inquiry, investigation or other proceedings of a disciplinary nature commenced under the repealed Accountants Act before the appointed day, and the provisions of the repealed Accountants Act shall, subject to subsection (2)(b), continue to apply to such inquiry, investigation or proceedings as if this Act had not been enacted.
