Savings

(1) The repeal of the Jharkhand Protection of Depositors' Interests (in Financial Establishments) Act, 2011 (hereinafter referred to as the repealed Act) shall not— (a) revive anything not in force or existing at the time at which the repeal takes effect; (b) affect the previous operation of the repealed Act or anything duly done or suffered thereunder; (c) affect any right, privilege, obligation or liability acquired, accrued or incurred under the repealed Act; (d) affect any penalty or punishment incurred in respect of any offence committed against the repealed Act; or (e) affect any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty or punishment as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legal proceeding or remedy may be instituted, continued or enforced, and any such penalty may be imposed as if the repealed Act had not been repealed. (2) Notwithstanding the repeal of the Act, anything done or any action taken (including any notification, order, notice or appointment made) under the Act hereby repealed, shall be deemed to have been validly done or taken under the corresponding provisions of the relevant Central Act.