18 Repeals, savings and transitional provisions.U.K.
(1)Subject to subsections (2) to (5) below, the enactments mentioned in the first and secound columns of Schedule 2 to this Act are hereby repealed to the extent specified in the third column of that Schedule.
(2)In so far as any instrument made, or any other thing done, under or by virtue of any enactment repealed by subsection (1) above could have been made or done under or by virtue of a corresponding enactment in this Act, it shall not be invalidated by the repeal effected by that subsection but shall have effect as if it had been made or done under or by virtue of that corresponding enactment.
(3)In relation to an advance made before the commencement of this Act, and treated by virtue of subsection (2) above as if made under this Act, nothing in that subsection shall affect the calculation of the date on which expires the period of 7 years specified in section 13(1) above.
(4)Any document referring to any enactment repealed by subsection (1) above shall, so far as may be necessary to preserve the effect of the document, be construed as referring or as including a reference to this Act or the corresponding enactment in this Act.
(5)Nothing in this Act shall affect the powers of the Corporation—
(a)to continue to carry out or carry on any project, undertaking or activity which was being carried out or carried on immediately before the commencement of this Act by virtue of section 4(2) of the M1Overseas Resources Development Act 1959 (which validated certain projects, undertakings and activities begun before 31st December 1955); or
(b)to continue to carry out any agreement which was being carried out immediately before the commencement of this Act by virtue of section 5(2) of that Act (which validated certain agreements made before 2nd August 1956).
(6)Nothing in this section shall prejudice the general application of [F1sections 16(1) and 17(2)(a) of the M2Interpretation Act 1978] (which relates to repeals).
Textual Amendments
F1Words substituted by virtue of Interpretation Act 1978 (c. 30, SIF 115), s. 25(2)
Modifications etc. (not altering text)
C1The text of s. 18(1) and Sch. 2 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.
Marginal Citations