Repeals and savings

Repeals and savings:—

1. (1) The Andhra Pradesh (Andhra Area) Co-operative Societies Act, 1932, the Andhra Pradesh (Andhra Area) Co-operative Land Mortgage Banks Act, 1934, the Madras Co-operative Societies Act, 1932 as in force in the territories transferred from the State of Madras to this State, the Madras Co-operative Land Mortgage Banks Act, 1934 as in force in the territories transferred from the State of Madras to this State, the Andhra Pradesh (Telangana Area) Co-operative Societies Act, 1952 and the Hyderabad Co-operative Land Mortgage Banks Act, 1349 Fasli are hereby repealed.
2. (2) The repeal of the Acts specified in sub-section
3. (1) shall not affect—
   • (a) the previous operation of any Act so repealed or anything duly done or suffered thereunder;
   • (b) any right, privilege, obligation or liability acquired, accrued or incurred under any Act so repealed;
   • (c) any penalty or punishment incurred in respect of any offence committed against any Act so repealed;
   • (d) any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty or punishment as aforesaid, and any such investigation, legal proceeding or remedy may be instituted, continued or enforced, and any such penalty or punishment may be imposed as if this Act had not been passed.
4. (3) Subject to the provisions of sub-section (2), anything done or any action taken (including any appointment or delegation made, notification, order, instruction or direction issued, rule, form, bye-law or scheme framed, certificate obtained, patent, permit or licence granted, or registration effected) under any such Act shall be deemed to have been done or taken under the corresponding provision of this Act and shall continue to be in force accordingly unless and until superseded by anything done or any action taken under this Act.
5. (4) Any reference in any enactment or in any other instrument to any Act so repealed shall be construed as a reference to the corresponding provision of this Act. Provided that the Co-operative Land Mortgage Banks which were registered or deemed to be registered under the Andhra Pradesh (Andhra Area) Co-operative Land Mortgage Banks Act, 1934 or the Madras Co-operative Land Mortgage Banks Act, 1934 or the Hyderabad Co-operative Land Mortgage Banks Act, 1349 Fasli shall continue to function as Agricultural Development Banks under this Act and shall be subject to the provisions of this Act: Provided further that the provisions of this Act shall apply to the Co-operative Land Mortgage Banks aforesaid as if they were registered under this Act.