Section 66, The Public Private Partnership Act, 2014

(1) Where an agreement was entered into before thecommencement of this Act, and that agreement or arrangement would have been a PPP Agreement if this Act was in operation on that date, then that agreement shall have effect as if this Act was in operation when that agreement or arrangement was entered into, and shall be deemed to have complied with this Act. (2) A PPP Agreement entered into or amended after the commencement of this Act shall comply with this Act. (3) A PPP Project that has been initiated before the commencement of this Act, but has not reached the financial close on the day of commencement of this Act in all the remaining procedures shall comply with this Act.