(1) The Antiquities (Export Control) Act, 1947 (31 of 1947 .) is hereby repealed.

(2) For the removal of doubts it is hereby declared that every licence issued under section 3 of the Act repealed under sub- section (1) and in force at the commencement of this Act shall, notwithstanding that the period specified therein has not expired, cease to be in force.