(1) This Act does not —
(a) affect the interest of a judgement creditor in respect of the immovable property of the creditor's judgement debtor but the debtor's immovable property may only be acquired by an alien investor as provided for under section 7(6);
(b) affect the estate or interest of an alien in immovable property held by the alien at the commencement of this Act;
I apply to a trust in favour of an alien subsisting at the commencement of this Act; or
(d) affect the existing rights of —
(i) a person who becomes an alien investor by virtue of this Act, in any land or the holding of any share, debenture or other interests in a company held by the alien investor at the commencement of this Act,
(ii) a company incorporated under the Commercial Code, Cap. 244 of the Revised Laws of Saint Lucia, 1957, and continued under the Companies Act, Cap. 13.01 and carrying on business in Saint Lucia on or before 21 March 1969, or
(iii) a financial institution licensed under the Banking Act.
(2) This Act operates without prejudice to the validity of —
(a) a licence granted under the former Act; and
(b) a statutory instrument made under the former Act.