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Section 6, The Tonkolili Agreement Ordinance

Status not yet checkedThe Tonkolili Agreement Ordinance, Sierra Leone

(a) The Second Licence shall confer on the Company (inter alia) allthe rights set out in Section 13 of the Minerals Ordinance 1927. The * period of such Licence shall be five years from the first day of October One thousand nine hundred and thirty-eight provided that the Company may determine the same on the thirtieth day of September One thousand nine hundred and thirty-nine or on the same day in any subsequent year by at least three months' previous notice in writing to the Government to that effect. (b) The Company from the first day of October One thousand nine hundred and thirty-eight shall during the period of the Second Licence pay to the Government an annual rent of Six Pounds for each square mile of the delimited areas. Such rent shall be payable annually in advance on the first day of October One thousand nine hundred and thirty-eight and on each first day of October thereafter. (c) The Company may relinquish any part or parts of the delimited areas on the thirtieth day of September One thousand nine hundred and thirty-nine or on the same day in any subsequent year during the period of the Second Licence by at least three months' previous notice in writing to the Government to that effect. (d) The provisions of paragraphs (b) (c) (f) (g) (h) (i) (j) (k) and (Z) of Clause 3 hereof shall apply mutatis mutandis to the Second Licence as if the expressions " the Second Licence " and " the delimited areas " respectively were therein substituted for the expressions " the First Licence " and " the Tonkolili areas " respectively. Any areas within the delimited areas covered by any mining leases and/or mining rights granted during the period of the First Licence under the provisions of paragraphs (g) and (h) of Clause 3 hereof shall be deemed also to remain part of the delimited areas and the provisions of the said paragraph (i) as ;pplied by this paragraph shall be read accordingly. (e) The Company shall not during the period of the Second Licence be under any obligation to expend any money upon or carry out any exploration work or railway survey but the Company shall in addition to the annual rent of Six Pounds per square mile of the delimited areas pay to the Government an annual dead rent of One Thousand Pounds on the thirtieth day of September One thousand nine hundred and thirty-nine and on each succeeding thirtieth day of September during the said period. * Now section 15. S.L.-VoL. IV-12* * Cap. 202] Tonkolili Agreement (1937)

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