(1) The Building Act 1991 is repealed.
(2) Despite the repeal of the Building Act 1991 by subsection (1),—
(a) the Building Regulations 1992 (SR 1992/150) continue in force as if they had been made under this Act and may be amended or revoked accordingly; and
(b) the Building Industry Authority Levy Order 1995 (SR 1995/241) continues in force—
(i) as if it had been made under this Act and may be amended or revoked accordingly; and
(ii) until the commencement of the first Order in Council that prescribes the rate of the building levy under section 53.