Repeal and savings preserve pending enquiries and notices while transferring prior procedures into the intermediary regulatory framework.

Repeal and savings take effect upon publication in the Official Gazette, replacing earlier frameworks on enquiry procedures, penalty imposition, and fit and proper criteria within the securities intermediary regulatory framework. Actions taken, enquiries commenced, and notices issued before publication retain legal effect and are deemed to arise under corresponding intermediary provisions. References in other regulations, guidelines, and circulars to the repealed frameworks are redirected to Chapter V and Schedule II, respectively.

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