Repeal of Karnataka Ordinance No. 2 of 1959 and savings

Repeal of Karnataka Ordinance No. 2 of 1959 and savings.- The Karnataka Electricity (Taxation on Consumption) Ordinance, 1959, is hereby repealed; Notwithstanding such appeal,-

1. (i) any right, privilege, obligation or liability acquired, accrued or incurred under the said Ordinance;
2. (ii) any penalty, forfeiture or punishment incurred in respect of any offence committed against the said Ordinance; and
3. (iii) any appointment, notification, order, rule or form, made or issued or anything done or any action whatsoever taken under the said Ordinance; shall be deemed to have been acquired, accrued or incurred, or made, issued, done or taken under this Act at the relevant time.