Republic of Namibia 11 Annotated Statutes Posts and Telecommunications Companies Establishment Act 17 of 1992 7. The revenue and assets of the postal company and thereafter the State, shall serve as security for the repayment of deposits in the Savings Bank and for the payment of interest due thereon. Financial statements of successor companies 8. The Minister shall lay copies of the annual financial statements of each successor company upon the Table in the National Assembly within fourteen days after their approval by the board of directors of such company if the National Assembly is then in ordinary session or, if the National Assembly is not then in session, within fourteen days after the commencement of its first ensuing ordinary session. Repeal of laws and savings 9. (1) Subject to the provisions of subsection (2), the laws mentioned in the Schedule are hereby repealed or amended to the extent set out in the third column of that Schedule. (2) Notwithstanding the repeal of the Post Office Act, 1958, sections 7, 78 and 106 thereof shall, subject to the provisions of subsection (3), continue to be of force until the date on which section 2 of the Posts and Telecommunications Act, 1992 comes into operation. (3) In the application of the sections mentioned in subsection (2) the reference to Postmaster-General (a) in section 7, shall be construed as a reference to the postal company; (b) in subsections (1) and (1A) (except in relation to paragraph (b) thereof) of section 78, shall be construed as a reference to the telecommunications company; (c) in subsection (1A) (in so far as it relates to paragraph (b) ) and subsections (1B) and (2) of section 78 and in section 106, shall be construed as a reference to the Namibian Communications Commission established by section 2 of the Namibian Communications Commission Act, 1992 (Act 4 of 1992). [The Namibian Communications Commission Act 4 of 1992 has been replaced by the Communications Act 8 of 2009, and the Namibian Communications Commission has been replaced by the Communications Regulatory Authority of Namibia (CRAN).] Short title and commencement 10. (1) This Act shall be called the Posts and Telecommunications Companies Establishment Act, 1992 and, except for the provisions of Chapter I, shall come into operation on a date to be determined by the Minister by notice in the Gazette. (2) Different dates may be fixed under subsection (1) in respect of different sections. SCHEDULE LAWS REPEALED OR AMENDED [Schedule amended by Act 20 of 1998 to delete the item relating to Act 91 of 1964, and by Act 8 of 2009 to delete the item relating to Act 3 of 1952.]