Stock Act, 1900; or

In Her Majesty's name I assent to this Ordinance this 20th day of April, i961. (L8 No, 13 MAURICE H. DORMAN, Governor. Sierra Leone An Ordinance to Facilitate the Investment of Funds in Sierra Leone Government Securities

RE IT ENACTED by the Legislature of Sierra Leone, as follows : Date of [27th April, 1961.] corhmence" A 129 1, This Ordinance may be cited as the lnvestment in Sierra short tile Leone Government Securities Ordinance, 1961, and shall come and com into force on the twenty-seventh day of April, 1961. ment. amended mencement. Colonial Stock Acts means the Acts of the Parliament Interpretaof the United Kingdom known as the Colonial Stock tion. Acts, 1877 to 1948, as irom ime to time A 130 Jrication Ordin ance. Provisions Certificate of paying agent. Certain legislation to be agreed with the United Kingdom. No. 13 Repeal of Cap. 246. Ivestmel in Siena Leoe Gove nment Sewitics

(1) Whenever by the final judgment, decree, rule or ordertor payment of any court of competent jurisdiction in the United Kingdom of money due to stock- any sum of money is adjudged or declared to be payable by the holders. Government of Sierra Leone in respect of any Sierra Leone Government securities, that sum shall, without further appropria tion than this Ordinance, be paid out of the revenues of Sierra Leone, and adequate funds (as and when required) shall be made available in the United Kingdom by the Government of Sierra Leone to meet any such final judgment, decree, rule or order. This Ordinance shall apply to all securities herctofore or hereafter created or issucd on behalf of the Governmcnt of Sierta Lcone () in wvhich a Inustee nay invest, or might at any time have invested, by virtue of section 2 of the Colonial Stock Act, 1900; or (ii) by the conditions of issue of which it is provided that the provisions of this Ordinance shall apply to them; cach and all of which securities are hereinafter referred to as " Sierra Leone Government securitics". (2) For the purposes of this section final judgment, decree, rule or order " means in case of appeal the final judgment, decree, rule or order of the ultimate court hearing the appeal.

A certificate specifying the sum paid under order of anysuch court as aforesaid to satisfy any such final judgment, decree, rule or order and issued by the agent in the United Kingdom of the Government of Sierra Leone authorised to make such pay ment shall be sufficient authority to the Director of Audit or other officer having the auditing of the accounts of such agent for passing such sum without further appropriation.

Legislation which appears to Her Majesty's Governmnentin the United Kingdom to alter any of the provisions afecting Sierra Leone Government securities to the injury of the holders thereof or to involve a departure from the original contract in regard to those securities shall not be submitted for assent on behalf of Her Majesty except after agreement with Her Majesty's Government in the United Kingdom, and if attention is drawm to such legislation after the passing thereof, the Govermment of Sierra Leone. will take the necessary steps to ensure such amend ment as may be requested by Her Majesty's Government in the United Kingdom.

Seçurities Ordinance is hereby repealed. No. 13 Investmnent in Sierra Leone GovernmentSecurities 1961 Passed in the House of Represcntatives this 281h day of March, nthe year of our Lord one thousand nine hundred and sixty-one. M.P. MF|13/2 A 131 S. V. WRIGHT, Clerk of the House of Representatives. THIS PRINTED IMPRESsION has been carefully compared by me withthe Bill which has passed the House of Representatives and found by me tobe a true and correct copy of the said Bill. S. V. WRIGHT, Clerk of the House of Representatives.