https://www.taxtmi.com/acts?id=12719 Section 54 repeals the earlier Act and provides savings and transitional deeming rules: actions, permissions, exemptions, prohibitions and orders under the repealed Act are to be deemed to continue under corresponding provisions of the new Act where not inconsistent, with specified mappings for political organisations, foreign hospitality permissions, prohibitions and exemptions, and prior orders remaining effective until withdrawn, varied or revoked by the Central Government; the provision affirms the continued application of General Clauses Act principles to the effect of repeal. en-us Fri, 13 May 2011 19:15:57 +0530 Mon, 26 May 2025 13:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12719 Section 54 repeals the earlier Act and provides savings and transitional deeming rules: actions, permissions, exemptions, prohibitions and orders under the repealed Act are to be deemed to continue under corresponding provisions of the new Act where not inconsistent, with specified mappings for political organisations, foreign hospitality permissions, prohibitions and exemptions, and prior orders remaining effective until withdrawn, varied or revoked by the Central Government; the provision affirms the continued application of General Clauses Act principles to the effect of repeal. Act-Rules FEMA Fri, 13 May 2011 19:15:57 +0530 https://www.taxtmi.com/acts?id=12719