Continuity of rights: supersession of cost accounting rules does not affect existing rights, liabilities or proceedings. Rule 9 preserves existing legal effects despite the supersession of the Cost Accounting Records Rules: rights, obligations and liabilities acquired, accrued or incurred under the former rules remain intact; penalties, forfeitures and punishments continue to apply; and investigations, legal proceedings and remedies may be instituted, continued and enforced as if the earlier rules had not been superseded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Continuity of rights: supersession of cost accounting rules does not affect existing rights, liabilities or proceedings.
Rule 9 preserves existing legal effects despite the supersession of the Cost Accounting Records Rules: rights, obligations and liabilities acquired, accrued or incurred under the former rules remain intact; penalties, forfeitures and punishments continue to apply; and investigations, legal proceedings and remedies may be instituted, continued and enforced as if the earlier rules had not been superseded.
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