Law library · Sierra Leone · **The Sierra Rutile Agreement (Ratification) Act, 2002**
Section 9: GOVERNMENT OPTION
Status not yet checked**The Sierra Rutile Agreement (Ratification) Act, 2002**, Sierra Leone
The option previously reserved in this Clause 9 of the repealed legislation for Government to acquire 47% (forty-seven percent) of the shares of the Company is hereby released in favour of the Company in consideration of a payment by the Company to the Government of a royalty in the amount of US$10,000,000 which shall be paid in accordance with Clause 6(b)(ii) of this Agreement.
26 No. 4 Sierra Rutile Agreement (Ratification) Act 2002
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