44Repeals

44 Repeals

(1)  In this section –

prescribed legislation means this Act and the regulations.

(2)  The prescribed legislation is repealed and rescinded –

(a) if the shares in the Company are sold under section 33 , on the day on which those shares in the Company are acquired by the purchaser in the sale; or

(b) if the Company has been deregistered, on the day fixed by proclamation under subsection (3) .

(3)  On the recommendation of the Minister, the Governor, by proclamation, may repeal and rescind the prescribed legislation.

45.   

See Schedule 1 .