Section 8: IN the event of the Company being exempted from United Kingdom

Income Tax under any future legislation of the United Kingdom Parliament in respect of Income assessed to Sierra Leone Income Tax under the provisions of this Agreement, this Agreement other than the provisions of this clause shall cease to have effect and the Company and the Government shall forthwith enter into negotiations with a view to concluding a new agreement which will place the Company and the Government in the same position as each is in under this Agreement or as nearly the same as is possible in the light of the circumstances then prevailing and pending such Agreement payments on account of Sierra Leone taxation shall be made which shall be as nearly the same as the payments made in the year of assessment immediately prior to the date of cessation of this Agreement as the altered circumstances then prevailing justify. 2146 Cap. 205] Tonkolili Agreement (1956)