Schedule, The Borrowers and Lenders Act, 2014

ITEMS FEES Initial registration Le 50,000.00 Registration of an amendment Le 20,000.00 Searches Le 10,000.00 Issuance of search certificates and printed search results Le10,000.00 MADE this 29th day of April, 2016. Kaifala Marah (Dr.), Governor, Bank of Sierra Leone. FREETOWN, SIERRA LEONE “amendment” means a modification with respect to information contained in a previously registered security interest to which the amendment relates; “Bank” means the Bank of Sierra Leone established by the Bank of Sierra Leone Act, 2011 (Act No. 15 of 2011); “designated field” means the space on the registration form designated for entering the specified type of information; “discharge” means the registration of satisfaction of a secured obligation or a debt, evidenced in a judgment or order in accordance with section 20 of the Act; “form” means an application form used to enter registration information that is electronically communicated to the Collateral Registry and includes an initial, an amendment and a discharge registration form; “Governor” means the Governor of the Bank of Sierra Leone; “registrant” means a person who submits the form to the Collateral Registry; “Registrar” means the person appointed under subsection (2) of section 15 of the Act, to manage, supervise and administer the operations of the Collateral Registry; “registration number” means a unique number assigned to an initial form by the Collateral Registry on its registration and permanently associated with that registered form and any related form; “serial-numbered collateral” means a motor vehicle, a trailer, or a mobile home that have a serial number permanently marked on or attached by the manufacturer; and “serial number” means the serial number located on the chassis or body frame of a motor vehicle, a trailer, or a mobile home permanently marked on or attached by the manufacturer. PART II – ESTABLISHMENT OF COLLATERAL REGISTRY.