Law library · Sierra Leone · Oil Agreement (1979)(Ratification) Act, 1982
Section 15: NATIONAL EMERGENCY
Status not yet checkedOil Agreement (1979)(Ratification) Act, 1982, Sierra Leone
In the event of war invo ving Sierra Leone or of national emergency.
the President of Sierra Leone may, for the duration of such war or
national emergency, if circumstances so require, proceed to take over
all the Petroleum and Petroloum products produced by the Companies,
and to take control of the whole or part of the Companies installa
tions and premises, provided that fair compensation shall be paid to
the Companies for any loss or damage incurred by them asa result of
actions taken in pursuit of the President's decision.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.