The Motor Vehicles Act, 1988

37. Savings.

If any  licence to  act as  a conductor  of a stage carriage (by whatever name called) has been issued in any State and is effective immediately  before the  commencement of  this Act, it shall continue to  be effective,  notwithstanding such commencement, for the period for  which it  would have  been effective,  if this Act had not been passed,  and every  such licence  shall be deemed to be a licence issued under this Chapter as if this Chapter had been in force on the date on which that licence was granted.