Section 60, The Sierra Leone Local Content Agency Act, 2016

(1) Every operator or contractor in any of the sectorscovered by this Act shall pay into the Development Fund referred to in section 29, an annual training research and development fee as may be provided in the licence, permit, contract, concession, agreement or alliance partnership agreement. (2) For every project for which a plan is submitted, an operator shall carry out a programme and set aside an expenditure allowance, to the satisfaction of the Agency, for the promotion of education, attachments, training, research and development in Sierra Leone in relation to its work programme and activities. (3) The operator or contractor shall submit to the Agency and update every six months, an operator's or contractor's research and development plan. (4) The operator's or contactor's research and development plan referred to in subsection (3) shall– (a) outline a revolving three to five year plan for related research and development initiatives to be undertaken in Sierra Leone in the sectors covered by this Act, together with a breakdown of the expected expenditures that will be made in implementing the research and development plan; and (b) provide for public calls for proposals for research and development initiatives associated with the operator's activities. (5) The operator or contractor shall report to the Agency, on a quarterly basis, with respect to its research and development activities and the Agency shall compare these activities to the operator's or contractor's research and development plan. 36 37 Research and Development. No. 3 The Sierra Leone Local Content Agency Act 2016 No. 3 The Sierra Leone Local Content Agency Act 2016