The proposals, plans, procedures and protocols for all proposed research subject to regulation shall be submitted to the Board for review, approval, modification or disapproval. No research subject to regulation shall be conducted without Board approval. The plans, procedures and protocols for all research subject to regulation which is being conducted at the time of the enactment of this legislation shall be submitted to the Board for review, approval, modification or disapproval within thirty (30) days of this bill becoming law. Research subject to regulation which is being conducted at the time of the enactment of this legislation may continue pending Board action.