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Section 41, The Sierra Leone Local Content Agency Act, 2016

Status not yet checkedThe Sierra Leone Local Content Agency Act, 2016, Sierra Leone

(1) The Plan referred to in section 40 shall set out indetail how an operator or contractor will give first consideration to Sierra Leonean companies, materials, goods and products made in Sierra Leone, including specific examples showing how first consideration is considered and assessed in evaluation of bids for materials, goods and products required by the project, operations or activity. (2) The Plan shall stipulate the extent of local content that will be utilised in the production process and the percentage increase in such usage over time, when applications are submitted for tax and other incentives. (3) The plan shall specify the extent to which joint ventures, alliances and other forms of collaboration between foreign and Sierra Leonean manufacturing enterprises will be used to increase the manufacturing capacity and know-how of Sierra Leonean enterprises.

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