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Section 869 Companies and Allied Matters Act (CAMA) 2020

Section 869 CAMA 2020

Section 869 Companies and Allied Matters Act is about Repeal and savings. It is under Chapter 2 (Miscellaneous and supplemental) of the Act.

(1) Subject to the provisions of this section, the Companies and Allied Matters Act, 1990, the Companies and Allied Matters (Amendment)Act 1990, the Companies and Allied Matters (Amendment) Act, 1991, the Companies and Allied Matters (Amendment) Act, 1992 and the Companies and Allied Matters (Amendment) Act, 1998 are, on the commencement of this Act, repealed.

(2) Nothing in this Act shall affect any order, rule, regulation, appointment,conveyance, mortgage, deed or agreement, made, resolution passed, directions given, proceeding taken, instrument issued or thing done under the enactment hereby repealed; but any such order, rule, regulation, appointment, conveyance,mortgage, deed, agreement, resolution, direction, proceeding, instrument or thing if in force immediately before the commencement of this Act shall, on the commencement of this Act, continue in force, and so far as it could have been made, passed, given, taken, issued or done under this Act shall have effect as if so made, passed, given, taken, issued or done.

(3) Nothing in this Act shall be construed so as to prohibit the continuation of an inspection by inspectors appointed under any enactment repealed, begun before the commencement of this Act, and section 358 of this Act shall apply to a report of inspectors appointed under any enactment repealed as it applies to a report of inspectors appointed under section 357 of this Act.

(4) A register kept under the enactment repealed shall be deemed to bekept under the corresponding provisions of this Act.

(5) Funds and accounts constituted under this Act shall be deemed to bein continuation of the corresponding funds and accounts constituted under the enactment repealed.

See also  Section 694 Companies and Allied Matters Act (CAMA) 2020

(6) Nothing in this Act shall affect the incorporation of any company registered under any enactment repealed.

(7) Any individual, firm or company who immediately before the coming into operation of this Act was registered as a business name under the enactment repealed, shall be deemed to be registered under and in accordance with the repealed Act.

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