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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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