Do I just cut the seatbelt wires?

Working on updating the seat belts on my '72 Scamp. I am replacing stock belts with Andover 3-pt retractable belts. I removed the OEM belts from the passenger side today. There are two wires that go to the retractable floor mounted spool. I assume that I just snip these wires?

Will this cause my belt buzzer to sound? After I snip the wires, do I need to anything else?

Thanks

PS - sorry I originally posted this in the wrong forum.