Law library · Sierra Leone · The Tonkolili Agreement Ordinance
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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