Cap. 330 Art. 31Transitory provisions and construction of references.

(1) Any decision taken by the Co-ordination Committee, the Supervisory Council and the Board of Management and

Resources, prior to the date of entry into force of this article, shall continue to apply:

Provided that, for purposes of this article, the term "decision" shall, in the case of the Supervisory Council, include licences issued, approvals and authorisations granted, and regulatory action taken.

(2) Any reference in any law to the Director General or Chief Operations Officer of the Authority shall be read and construed as a reference to the Chief Executive Officer of the Authority as so defined in article 2.

(3) Any reference in any law to the Co-ordination Committee, the Supervisory Council, or the Board of Management and Resources shall be read and construed as a reference to the Executive Committee and shall include a reference to any sub-committees, directorates, functions or units established under this Act, as the case may require. FIRST SCHEDULE

RECOVERY AND RESOLUTION

Article 7B.

Interpretation.