Section 5. Repeals are as follows:
(1) The General Assembly declares that the repeal under
paragraph (2) is necessary to effectuate the amendment of
section 702 of the act.
(2) The act of May 19, 1995 (P.L.43, No.4), known as the
Industrial Sites Environmental Assessment Act, is repealed.
Section 6. The amendment of section 702 of the act is a
continuation of the act of May 19, 1995 (P.L.43, No.4), known as
the Industrial Sites Environmental Assessment Act. Except as
otherwise provided in section 702 of the act, all activities
initiated under the Industrial Sites Environmental Assessment
Act shall continue and remain in full force and effect and may
be completed under section 702. Orders, regulations, rules and
decisions which were made under the Industrial Sites
Environmental Assessment Act and which are in effect on the
effective date of section 5(2) of this act shall remain in full
force and effect until revoked, vacated or modified under
section 702 of the act. Contracts, obligations and collective
bargaining agreements entered into under the Industrial Sites
Environmental Assessment Act are not affected nor impaired by
the repeal of the Industrial Sites Environmental Assessment Act.
Section 7. The Industrial Sites Environmental Assessment
Fund established in section 3 of the act of May 19, 1995
(P.L.43, No.4), known as the Industrial Sites Environmental
Assessment Act, is abolished. The following shall apply:
(1) Any money in the former Industrial Sites
Environmental Assessment Fund is transferred to the
Industrial Sites Reuse Fund.
(2) Any encumbrances or other legal obligations of the
former Industrial Sites Environmental Assessment Fund are
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