Section 12. Transition provisions.
(a) Approved applications.--Applications for assistance under the act of May 6, 1968 (P.L.117, No.61), known as the Site Development Act, the act of July 2, 1984 (P.L.520, No.105), known as the Business Infrastructure Development Act, and the act of July 10, 1989 (P.L.313, No.52), known as the Industrial Communities Action Program Act, which have been approved prior to the effective date of this act shall be processed in accordance with the provisions of the Site Development Act, the Business Infrastructure Development Act and the Industrial Communities Action Program Act, respectively, notwithstanding section 13.
(b) Pending applications.--Applications for infrastructure development assistance which have been received by the department but have not been approved prior to the effective date of this act shall be evaluated and processed in accordance with this act.