Section 23

Any licence which has been granted to any person under the principal

Enactment for the purpose of enabling such person to take over or-operate any undertaking of the Port Authority and is in force at the commencement of this Enactment shall be deemed to have been granted under this Enactment and shall remain valid until it is revoked under this Enactment and the provisions of this Enactment shall apply to such person as if he were a licensed operator.