Information and Communication Technology Act , No. 27 of 2003 7 (c) the standards of international renown for human resources development, products, services, markets and transactions in their application to the field of Information and Communication Technology ; and (d) the functions of the Committee. (3) Every regulation made under subsection (1) shall be published in the Gazette and shall come into operation on the date of such publication or on such later date as may be specified in the regulation. (4) Every regulation made under subsection (1) shall as soon as convenient be placed before Parliament for its approval. Any regulation which is not so approved shall be deemed to be disapproved with effect from the date of disapproval but without prejudice to anything previously done thereunder. (5) Notification of the date of disapproval of any regulation shall be published in the Gazette. 10. (1) Part III of the Science and Technology Development Act, No. 11 of 1994, which provided for the establishment of the Council for Information Technology (CINTEC), is hereby repealed. Repeal. (2) All property movable and immovable which is owned by the Council for Information Technology (CINTEC) and all assets and liabilities of such Council shall with effect from the date of the coming into operation of this Act, be transferred to the Information and Communication Technology Agency of Sri Lanka which is the Executive Agency, in terms of section 6 of the Act. (3) Notwithstanding such repeal, the Council for Information Technology (CINTEC ) may carry out and conclude all matters being carried out in relation to the functions of the Council as set out in section 14 of the Science and Technology Development Act, No. 11 of 1994, until such matters are completed. 11. In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail. Sinhala text to prevail in case of inconsistency.