The repeals effected by sub section 3(1) of the Veterans ' Entitlements Act do not affect the continued operation, on and after the commencing date, of any arrangements with the Government of another country entered into in pursuance of the Repatriation Act and in force immediately before the commencing date, and any such arrangements have effect according to their tenor, but only to the extent to which they are not inconsistent with the provisions of the Veterans ' Entitlements Act , on and after that date as if they were arrangements entered into under section 203 of the Veterans ' Entitlements Act , but may be varied or terminated by further arrangements entered into under that section.