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(1) The provisions of the Bankruptcy Act (Cap. 53) are repealed on such date or such different dates as the Cabinet Secretary may appoint by notice published in the Gazette.(2) When bringing provisions of this Act into operation by a notice made under section 1(3) of this Act, the Cabinet Secretary shall ensure—(a) that all provisions of the Bankruptcy Act that correspond to those provisions are repealed contemporaneously by a notice published under subsection (1) of this section; and(b) that all provisions of the Companies Act (Cap. 486) that correspond to those provisions are repealed contemporaneously by a notice published under the Companies Act (Cap. 486).(3) However, if the provisions of this Act that are to be brought into operation correspond to provisions of the Bankruptcy Act that are to be repealed by notice under subsection (1), the Cabinet Secretary may instead combine the repeal of those provisions of the Bankruptcy Act in the notice under section 1(3) of this Act bringing the relevant provisions of this Act into operation.(4) Section 89 of the Law of Succession Act (Cap. 160) is repealed on the coming into operation of Part V of this Act.(5) On the repeal of section 122 of the Bankruptcy Act, the Bankruptcy Rules are revoked.(6) On the repeal of section 123 of the Bankruptcy Act, the Bankruptcy (Fees) Rules are revoked.(7) On the repeal of section 164 of the Bankruptcy Act, the Bankruptcy (Reciprocity) Rules are revoked.
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