Law library · Sierra Leone · The Tonkolili and J\!Iarampa Short title and com- Supplementary Agreement (1956) Ratification Ordinance, 1956, mencement
Section 12, The Tonkolili and J\!Iarampa Short title and com- Supplementary Agreement (1956) Ratification Ordinance, 1956, mencement
Status not yet checkedThe Tonkolili and J\!Iarampa Short title and com- Supplementary Agreement (1956) Ratification Ordinance, 1956, mencement, Sierra Leone
IN consideration of the benefits conferred upon the Government bythe Company in the foregoing clauses hereof the Government agrees-
(a) that the Tonkolili Concession shall be varied in the manner
following namely (i) that no royalties or dead rents accruing after the
first day of January, One thousand nine hundred and fifty-five shall
be payable by the Company thereunder and (ii) that for the year of
assessment 1954-55 and for each year of assessment thereafter no
Tonkolili Profits Tax shall be payable thereunder; and
(b) that for the year of assessment 1954-55 and for each year of
assessment thereafter the Company shall be exempted from the Duty
on the profit charged under the Concessions Ordinance, 1931.
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