Armaments Corporation of South Africa, Limited Act, 2003 (Act No. 51 of 2003)Chapter 5 : Miscellaneous Provisions23. Repeal of laws and savings |
| (1) | Subject to this section, the laws referred to in column 2 of the Schedule are hereby repealed to the extent set out in column 3 of that Schedule. |
(2)
| (a) | The board of directors contemplated in section 5 of the Armaments Development and Production Act, which was in office immediately before the date of commencement of this Act, must be regarded as having been appointed in terms of section 7 of this Act for the remainder of its members’ original terms of office. |
| (b) | The persons who were chairperson and deputy chairperson of the board of directors remain chairperson and deputy chairperson for the remainder of their term of office. |
| (3) | Every person who was an employee of the Armaments Corporation of South Africa, Limited contemplated in section 2 of the Armaments Development and Production Act immediately before the date of commencement of this Act must be regarded as having been appointed in terms of section 13 of this Act, and the employment agreement existing between that person and the Armaments Corporation of South Africa, Limited immediately before the date of commencement of this Act continues to have full force and effect without any change. |