Transitional

(1) In this section “former Act” means Export Processing Zone Act repealed by this Act. (2) Every Export Processing Zone (EPZ) Developer, EPZ Business or Special EPZ that was immediately before the commencement of this Act, administering or operating in, an Export Processing Zone, shall upon the coming into force of this Act, be deemed to be a DPA Developer, a DPA Business or a Special DPA, for a period of two years. (3) A company under sub-section (2) shall be eligible to apply to the DPAC under section 9 for the renewal of the DPA (4) An application made within twelve months of the issue of a DPA status under sub-section (3), shall be exempt from the payment of the application fee. (5) Every EPZ Developer, EPZ Business or Special EPZ that was immediately before the commencement of this Act, operating a casino, hotel, International Business Company or Bank within an Export Processing Zone under the former Act, may continue to operate that casino, hotel, International Business Company or Bank until June 30, 2021.