Section 75: Repeal and Amendment

1) The provision in Section 168 of the Traffic and Transportation Management Act, 2049, is hereby repealed.

2) Notwithstanding anything contained in the prevailing law, legal provisions relating to the procurement of the Public Entity under clause (b) of Section 2 shall be deemed to have ipso facto been so amended as to be compatible with this Act to the extent of their inconsistency with this Act.

3) Instead of Section 7 of the Financial Procedure Act, 1998, the following Section 7 has been substituted:

“7 Procedure of Making Expenditure: Provision concerning financial administration relating to operation of government transactions and project implementation, deposit, charges, service fee, taking advance and settlement thereof, preservation of government’s cash and goods-in-and property, auction, remission, and other miscellaneous provision and procedure related thereto shall be as prescribed.”