Transfer of Businesses (Protection of Creditors) Ordinance

(2)
Notwithstanding subsection (1), the Fraudulent Transfers of Businesses Ordinance
                (Cap.
                49
                1964 Ed.) shall continue to apply with respect to a
transfer—
(a)
which took effect; and
(b)
in respect of which notice was given under
section 3
of that
                    Ordinance,
before the coming into operation of this Ordinance, as if this Ordinance had
                not been passed.