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Section 119
Consequences of the Securities Ordinance, 2062 being inoperative
Unless otherwise indicated after the Securities Ordinance, 2062 has become inoperative, such inactivity shall not, (a) give rise to anything which was not in force or subsisted during the inactivity of the said Ordinance, (b) in accordance with the said Ordinance (c) It shall not affect any rights, facilities, duties or obligations received, acquired or suffered in accordance with the Ordinance, (d) The Ordinance (e) Any such right, facility, duty, obligation or penalty shall not affect any action or measure taken in connection with the punishment and any such legal action or measure as if the said Ordinance remains in force. It can also be started, continued or implemented.