Transfer of Businesses (Protection of Creditors) Ordinance

(1)
The Fraudulent Transfers of Businesses Ordinance
                (Cap.
                49
                1964 Ed.) is repealed.
(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.