Repeal and savings preserve prior IFSC market infrastructure actions while transitioning regulatory coverage to the new framework.

Regulation 73 repeals specified earlier regulatory provisions for market infrastructure institutions in an IFSC while retaining rules concerning depository participants and issuers. It preserves actions taken or commenced under the displaced framework by deeming them to have occurred under corresponding current provisions. Existing applicable circulars and guidelines continue until replaced by the Authority, while specified circulars are superseded or repealed subject to equivalent savings for prior actions.

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