(1) Notwithstanding the repeal of the Investment Code, 1985 (PNDCL 116) any agreement executed under it and in force immediately before the commencement of this Act shall continue in force as if made under this Act.

(2) Any application pending before the Ghana Investments Centre established under the Investment Code, 1985 (PNDCL 116) shall on the coming into force of this Act be deemed to be pending before the Centre established under this Act.

(3) Any agreement continued in force by virtue of subsection (1) of this section shall confer benefits previously enjoyed under the agreement before the commencement of this Act and also such other benefits as may be applicable to the enterprise under this Act.

(4) Where an enterprise in existence immediately before the commencement of this Act has duly complied with the Investment Code, 1985 (PNDCL 116) in relation to any minimum equity requirement or employed capital specified in that Code, the enterprise shall be deemed lawful notwithstanding any provision of this Act to the contrary.

(5) All immigrant quota in existence immediately before the coming into force of this Act in respect of an enterprise to which this Act is applicable shall continue in force until expiration or unless renewed under this Act.

(6) All technology transfer agreements registered with the Ghana Investment Centre shall be deemed to be registered with the Centre established under this Act.