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 (2)  The prescribed legislation is repealed and rescinded – 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](#GS33@EN) , 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)](#GS44@Gs3@EN) . > > > (3)  On the recommendation of the Minister, the Governor, by proclamation, may repeal and rescind the prescribed legislation. * **45.**    > See [Schedule 1](#JS1@EN) . *