Section 10, The Public-Private Partnership Act, 2010

(1) Subject to any restriction that may be contained in a PPP Agreement, a private partner shall have the right to create security interests over any of its assets, rights or interests, including those relating to a PPP Project, as shall be required to secure any financing needed for the PPP Project, including, in particular, the following:– (a) security over movable or immovable property owned by the private partner or its interests in PPP Project assets; and (b) a pledge of the proceeds of, and receivables owed to the private partner for, the use of the (2) The shareholders of a private partner’s company shall have the right to pledge or create any other security interest in their shares in the company. (3) No security under subsections (1) and (2) may be created over public property or other property, assets or rights needed for the provision of a public service, where the creation of such security is prohibited by the laws of Sierra Leone.