The Minerals (Amendment) Act,1981 Short title.

SaED this 30th day of September, 1981. SIAKA STEVENS, President No. 15 1981 Sierra Leone The Minerals (Amendment) Act,1981 Short title. [&th October, 1981.] Date of Commence Br IT ENACTED by the President and Members of Parliament in ment. this present Parliament assembled, as follows: 1, Section 47 of the Minerals Act is hereby amênded as Amendment follows; of Section 47 (a) by repealing subsection (1) thereof and replacing it ofCap. 196. by the following new subsection 8 No. 15 Minerals (Amendment) 19811 "(1) The holder of an luvial gold mining licence shallsell gold only to licenced gol4 buyer or a licenced gold exporter and a licenced gold buyer or a licenced gold exporter shall byy gold only from the holder of an alluvial gold mining licence."9: (b)by repealing subsection (4) thereof and renumbering subsections (5), (6) and (7) to read (4), (5) and (6) respectively: (c) by repealing subsection (6) thereof and replacing it by the following new subsection (6) "(6) All alluvial Gold bought by a gold buyer under his licence shall be sold to the Bank of Sierra Leone who shall pay royalty in accordance with the rules made generally for that purpose under this Act. (a) by the insertion immediately after subsection (6) thereof of the following new subsection (7) Export. (7) (a) The Bank of Sierra Leone shall be the sole holder of an alluvial gold exporter's licence and shall be the only exporter under that licence of all alluvial gold. (6) No person other than the Bank of Sierra Leone shall hold an alluvial gold exporter's licence or export any alluvial gold from Sierra Leone." replacement Repeal and 2. Section 49 of the Principal Act is hereby repealed and of section 49 replaced by the following new sectionofCap. 196. "Penalties 49 (1)Any person who shallcommit a breach of any of the proyisions of section\46, 47 (2) (3)(4) (5) or (8), or 48 (1) or (2) shall be liable t the forfeiture of any licence which he may hold in addi tion to punishmeht on summary convicti n to a fine not exceeding tw thousand leones or to intprisonment for a term not exceeding one year. (2) Any perspn who shall commit a breach of - any of the provisiods of section 47 (1) or (6) shall be liable to the forfeituke of any licence and gold which he may hold in addiion to punishment on summary convicion to a fine nàt exceeding five thousand eones No. 15 Minerals (Amendment) 1981 (3) Any person çontravening section 47 (7) shall be liable to theforfeiture of any licence and gold which he may hold in additiþn to punishm nt on summary conviction to a fine n t exceeding twenty thousand leones or toimprisonment for a term\ not exceeding five years. (4) Any person cont avening section 48 (3) shall be liable on summary conviction to a fine\not exceed ing one thousand leones or to imprisonment\for a term not exceeding sixX months.". Passed in Parliament this 21st day of August, in the year of our Lord one thousand nine hundred and eighty-one. J. W. E. DAVIES, Clerk of Parliament. THIS PRINTED IMPRESSION has been carefully compared by me with the Bill which has passed Parliament and found by me to be a true and c rrectly printed copy of the said Bill. J. W. E. DAVIES, Clerk Parliament.