Law library · Sierra Leone · Oil Agreement (1979)(Ratification) Act, 1982
Section 9: CUSTOMSDUTIES
Status not yet checkedOil Agreement (1979)(Ratification) Act, 1982, Sierra Leone
The Companies shall be entitled to import, free of customs and
other duties, all articles which may be needed exclusively for the
conduct of Authorised Operations. This exemption shall not apply
in respect of any goods which are available in Sierra Leone of suit
able and reasonably comparable quality and atno higher price,
provided that in comparing prices of goods available in Sierra Leone
3to the price of imported goods there shall be added any customs or
export duties paid in the country of origin as well as other expenses
incurred up to the time the imported goods are landed in Sierra
Leone. Any articles thus imported may be re-exported by the Compa
nies without any permits, and free of all duties but subject to notice
to the Government, and for the f llowing purpose only:
Repairs which cannot be effected in Sierra Leone, exchange
against more modern or more efficient equipment, and return to the
place of origin of equipment imported for temporary use. Repaired or
renewed parts shall be brought to Sierra Leone within a reasonable
time.
The Companies may, subject to the consent of the Government,
sell in Sierra Leone articles imported by it, provided that the buyer
shall pay all applicable duties and conform tothe formalities and
rules relating to customs clearance.
No. 2 Exploration, Mining and Processing of Mineral 1982 13
Articles needed for personal use of Compaies' employees and
their dependants may be imported, subject to thepayment of customs
and import duties generally applicable at the time of import. This
provision, however, shall not apply to goods and articles brought in
for personal use at the time of first entry.
Employees of the Companies and their dependants shall enjoy
freedom of movement throughout Sierra Leone by anyform of trans
port, subject to the observance of any rules concerning such transport.
Provided that visits to diamond protected arcas shall be in accordance
with a valid permit.
The Companies shall be free to retain or dispose of its funds or
assets outside Sierra Leone including but not limited to proceeds of
any export sales. It shall have the right to export any such funds as
it shall have imported or derived from its operations in Sierra Leone.
The Companics shall have the right to engage foreign personnel
for the conduct of Authorised Operations, provided that it shall employ
Nationals of Sierra Leone to the fullest extent possible, and also
that it shall train Nationals of Sierra Leone both within the industry
and by the grant of scholarships in order that they may replace
foreign personnel as soon as reasonably practicable. Programmes and
plans for such training shall be drawn up and agreed upon annually
by the Government and the Companies. The obligations to train
the Nationals of Sierra Leone shali begin to be carried out as soon
as practicable after completion of the first producing well.
The Companies may entrust the execution of any part of
Authorised Operations to independent contractors, provided:
(a) that a copy of cach signed contract is submitted to the
Government as soon as possible;
(b) that the Companies shall, as far as possible select cOntrac
tors who are Nationals of Sierra Leone, provided such
Nationals are capable of performing the work desired
satisfactorily and on terms and conditions which compare
favourable with those of expatriate contractors;
(c) that the Companies shall remain directly responsible to
the Government for the proper performance of the work
entrusted to contractors.
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