Section 50: The Companies Act 2009 is amended by -

(a) repealing sections 2 to 14; (b) deleting the words "Corporate Affairs Commission" wherever it occurs and insert in its place the words "National Investment Board. 51 . (1) The Registration of Business Act 2007 is amended by- (a) deleting the words “Administrator” and “Registrar-General” wherever they appear and inserting the words “Director responsible for Business Facilitation Directorate” ; (b) replacing the definition of the word “Minister” to mean the Minister responsible for Finance ; 52 . (1) The following Acts are hereby repealed- (a) The Investment Promotion Act 2004; (b) The Sierra Leone Investment and Export Promotion Agency 2007;and (2) Notwithstanding the repeal of the Acts under subsection (1) (a) all property, assets, rights and interests of the Public Private Partnership Unit, Corporate Affairs Commission and Sierra Leone Investment and Export Promotion Agency shall be the property, assets, rights and interests of the Board; (b) all obligations and liabilities subsisting against the Public Private Partnership Unit, Corporate Affairs Commission and Sierra Leone Investment and Export Promotion Agency shall continue to subsist against the Board; (c) any order, proclamation or regulations made under the repealed or amended Acts and in existence at the commencement of this Act shall continue in existence unless revoked . (4) Where an agreement on investment was entered into before the commencement of this Act, and that agreement or arrangement would have been an investment Agreement if this Act was in operation on that date, then that agreement shall have effect as if this Act was in operation when that agreement or arrangement was entered into, and shall be deemed to have complied with this Act. Amendment of Act No 11 of 2014. Amendment of Act No 5 of 2009 . Amendment of Act No. 18 of 2007. 30 31 Repeal and Savings. (5) An investment Agreement entered or amended after the commencement of this Act shall comply with this Act. (6) An investment agreement that has been initiated before the commencement of this Act, but has not been finalized on the day of commencement of this Act in all the remaining procedures shall comply with this Act.