law: The Arbitration and Conciliation Act, 1996
  85. Repeal and
  
  savings.
  1.  
  
    The
  
  Arbitration (Protocol and Convention) Act, 1937 (6 of 1937), the Arbitration
  
  Act, 1940 (10 of 1940). and the Foreign Awards (Recognition and Enforcement)
  
  Act, 1961 (30 45 of 1961). are hereby repealed.
  2.  
  
    Notwithstanding
  
  such repeal,-
  a.   the provisions of the
  
  said enactments shall apply in relation to arbitral proceedings which commenced
  
  before this Act came into force unless otherwise agreed by the parties but this
  
  Act shall apply in relation to arbitral proceedings which commenced on or after
  
  this Act comes into force;
  b.   all rules made and
  
  notifications published, under the said enactments shall, to the extent to
  
  which they are not repugnant to this Act, be deemed respectively to have been
  
  made or issued under this Act.