Law library · Sierra Leone · NPRC DECREE N0.2 1994
Second Schedule, NPRC DECREE N0.2 1994
Status not yet checkedNPRC DECREE N0.2 1994, Sierra Leone
1. Mammy Yoko Hotel.
2. Lungi Airport Hotel.
MADE and ISSUED this 7th day of February, 1994.
CAPTAIN VALENTINE E. M. STRASSER
Chairman,
National Provisional Ruling Council.
EXPLANATORY NOTE
(This Note is not part of this Decree but is intended to indicate its general purport.)
The companies listed in the First Schedule and which are of great importance to the economic development of Sierra Leone have, as a result of neglect and bad management, either become non-operational or are operating at a very low non-economic capacity.
This, coupled with the fact that taxes payable to Government have remained unsatisfied for a very long time, has necessitated the expropriation of these companies by the Government.
This expropriation will thus enable the Government, where necessary, to transfer ownership of these companies to restoie their viability and profitable operation.
PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA LEONE—BY AUTHORITY OF THE NATIONAL PROVISIONAL RULING COUNCIL.
GAZETTE EXTRAORDINARY No. 7 OF 7TH FEBRUARY, 1994.
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