34. (1) The Medical Council Act, 1973 (XXX of 1973), hereinafter referred to as the said Act, is hereby repealed. (2) Upon the repeal of the said Act,-(a) the Medical Council constituted under the said Act, hereinafter referred to as the Medical Council, and functioning immediately before such repeal shall, until such time as a Council is constituted under section 3, be deemed to be the Council constituted under that section;(b) every medical practitioner and dentist registered under the said Act shall be deemed to be registered under this Act;(c) all assets, rights, powers, authorities and privileges and all property, movable and immovable, cash and bank balances, funds and all other interests and rights in or arising out of such property, of the Medical Council shall be transferred to, and vested in, the Council;(d) all liabilities and obligations of whatever kind of the Medical Council subsisting immediately before such repeal shall be the liabilities and obligations of the Council;(e) all officers and other employees, excepting the Registrar of the Medical Council, shall be deemed to be officers and employees of the Council and shall hold office on the same terms and conditions as were applicable to them immediately before such repeal:Provided that the Government may alter their remuneration and other terms and conditions of service as it may deem fit;(f) the Registrar shall continue in office for a period of three months from the date of coming into force of this Act and the Council shall, within this period, appoint a Registrar according to the provisions of this Act, failing which one officer in the service of the Republic may be deputed by the Government as Registrar until such time a Registrar is duly appointed; and(g) the suits and other legal proceedings instituted by or against the Medical Council before such repeal shall be deemed to have been instituted by or against the Council.