Repeal and saving: prior ordinance repealed while acts done under it are treated as performed under corresponding amended provisions. The provision repeals the Taxation Laws (Amendment) Ordinance, 2005 and deems anything done or any action taken under the Income-tax Act, 1961 and the Finance Act, 2005 as amended by that Ordinance to have been done under the corresponding provisions as amended by this Act, preserving legal continuity.