Section 14Sec./Art. 14

Applicability Clause. - All other provisions of Republic Act No. 7294 which are not inconsistent with the provisions of this Act and remain unrepealed shall continue to be in full force and effect: Provided, That all pending suits of whatever kind or nature, whether civil, criminal or administrative filed by or against the grantee in connection with the provisions of Republic Act No. 7294 shall continue to be prosecuted under the said law: Provided, further, That all valid and existing liabilities, fines, penalties, surcharges andsor un paid tax assess ments of the grante e from March 27, 1992 until the effectivity of this new law shall remain valid and enforceable under Republic Act No. 7294.