(1) Subject to this section, sections 110, 110A and 115 of the Repatriation Act, and Part X of the Repatriation Regulations continue in force, notwithstanding the repeals effected to sub section 3(1) of the Veterans ' Entitlements Act , in relation to a Local Committee established under section 110 of the Repatriation Act that was in existence immediately before the commencing date.
(2) A Local Committee to which subsection ( 1) applies does not, on or after the commencing date, have power to raise funds for the district for which it was established.
(3) The power to make regulations under the Veterans ' Entitlements Act extends to making regulations, not inconsistent with sections 110, 110A and 115 of the Repatriation Act, amending Part X of the Repatriation Regulations in their application by virtue of subsection ( 1) of this section and, where any such regulations are made, Part X of the Repatriation Regulations has effect as so amended.
(4) Subsection ( 1) ceases to apply in relation to a Local Committee when the Committee ceases to have any funds under its control and the books and accounts of the Committee relating to those funds have been audited as required by section 115 of the Repatriation Act.
(5) In subsection ( 3), the reference to the amendment of Part X of the Repatriation Regulations shall be read as including a reference to :
(a) the repeal of a regulation included in that Part, either with or without the substitution of another regulation in its place;
(b) the omission of a part of a regulation included in that Part, either with or without the substitution of another provision in its place; and
(c) the insertion of a new provision in that Part.