4. (1) Section 22 of the Mercantile Law Act 1962 is amended—
(a) by omitting from subsection (1) all the words after “charges,” and substituting “issue a notice of intention to sell the goods”; and
(b) by omitting subsection (4).
(2) Sections 23, 24, 25, 26 and 27 of the Mercantile Law Act 1962 are repealed.