Law library · Sierra Leone · The Crown Lands Ordinance, 1960
Section 20 (2), The Crown Lands Ordinance, 1960
In forceThe Crown Lands Ordinance, 1960, Sierra Leone
(1) In every lease granted under this Ordinance, unlessexpress provision to the contrary is contained therein, there shall by
virtue of this Ordinance be reserved to the grantor the right to revise
and fix the rent for such periods (hereinafter referred to as revision
periods) as may be specified in the lease, or, in the absence of such
specification, for periods of seven years.
(2) As nearly as may conveniently be to the date of
commencement of each revision period, the grantor shall revise and
fix yearly rent which shall be payable during such revision period.
Provided that if for any reason the grantor considers it
desirable to postpone the revision of the rent reserved under any
lease, the grantor may postpone such revision for such time,
irrespective of any revision period, as he shall think fit; but should
the right to revise be subsequently exercised the rent then fixed shall
be payable for the remainder of the current revision period.
(3) In revising the rent, the grantor shall have regard to
the rent obtainable at the time of revision for similar land of similar
area and amenities similarly situated, and to all the circumstances of
the case, but shall not take into account any increase in the value of
the land due to improvements made on the land by the lessee.
(4) The amount at which the revised rent has been fixed
by the grantor shall be notified to the lessee.
(5) If the grantor and the lessee are unable to agree as to
the revised rent to be paid, the matter shall be referred to an arbitrator
to be agreed upon by the grantor and the lessee, or, in the absence of
such agreement, by the Chief Justice.
(6) The decision of the arbitrator shall be final and binding
on both parties, and unless the revised rent fixed by the arbitrator is
less than that originally demanded by the grantor the lessee shall
pay any costs incidental to the arbitration.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.