Section 2

(1) The Aliens Landholding Act, Revised Edition 2003, is repealed. (2) The said repeal shall not affect the title to an estate in land vested in an alien prior to the repeal provided under sub- section (1). (3) Notwithstanding the said repeal, licences issued by the Minister responsible for Natural Resources, under section 6 of the repealed Act which are in force at the commencement of this Act shall remain valid for their full duration and the Minister may exercise in respect thereof all the rights and powers granted to him under the repealed Act as if this Act had not been passed. (4) Notwithstanding the said repeal, any licence fees which were due and payable by virtue of the repealed Act, and any arrears of such licence fees remaining outstanding as at 16th March, 2001, shall remain payable and may be collected as if this Act had not been passed. (5) Notwithstanding the said repeal, any appeal to the Supreme Court pending pursuant to section 7 of the repealed Act shall be heard and determined as if this Act had not been passed.