The Bank has issued several Guidelines prior to the enactment of the Banking Act 2004 and Bank of Mauritius Act 2004 wherein reference is made to certain provisions of the Banking Act 1988 and Bank of Mauritius Act 1981. In virtue of section 104(2)(d) of the Banking Act 2004 and section 71(4)(d) of the Bank of Mauritius Act 2004 any guidelines or instructions issued under the repealed enactment and in force on the date immediately before the coming into operation of this Act shall be deemed to have been commenced and continued under this Act. However the sections of the Banking Act 2004 and Bank of Mauritius Act 2004 corresponding to those of the earlier Acts referred to in the Guidelines are given for ease of reference
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