81. Repeal of the Microfinance Act

No. 6 of 2016, every regulation, notice, Order, direction, rule, guideline or directive issued, requirement imposed, determination or delegation made thereunder and in force on the day preceding the appointed date shall in so far as such regulation, notice, Order, direction, rule, guideline, directive, requirement, determination or delegation is not inconsistent with the provisions of this Act, be deemed to be a regulation, notice, Order, direction, rule, guideline, directive, requirement, determination or delegation issued, imposed or made, as the case may be, under the provisions of this Act.

Act and pending on the day immediately preceding the appointed date shall be deemed to be examinations conducted or being conducted or supervisory measures taken or being taken, as the case may be under this Act.