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Section 19, The Diamond Agreements Shor: ti~Ie

Status not yet checkedThe Diamond Agreements Shor: ti~Ie, Sierra Leone

(1) For the purpose of giving full effect to the terms of this Licencethe Government will forthwith introduce and use its best endeavours to cause to be passed legislation for the purpose of ratifying and confirming the Licence hereby granted and all the terms hereof. (2) If such legislation shall not be duly passed and become law within twelve months from the date hereof or within such extended time as the Government and the Company may mutually agree this Deed shall be void and of no effect. (3) Inasmuch as the Company since the first day of July One thousand nine hundred and thirty-three has been prospecting for exploiting producing and marketing diamond within the area comprised in this Licence upon and subject to the provisions herein contained and has duly paid to the Government all the said yearly rent of Seven Thousand Pounds payable hereunder up to the date hereof now in the event of this Deed becoming void under the provisions of Sub-clause (2) of this clause the Government shall so soon as practicable after the happening of such event repay to the Company all sums theretofore paid in respect of the said yearly rent and all other sums (if any) whether in respect of tax on profits or otherwise paid by the Company and Rules to apply except so far as not inconsiatent with this Licence. Rights may be granted over the area for other minerals. Information to be given to the Company of any discoveries of Diamond. Government to introduce legislation to give full effect this Licence. to the Government in pursuance of the provisions of this Licence and the Company shall retain for its own absolute benefit subject always to the provisions of the Minerals Ordinance 1927 all diamond produced andfor Cap. 196. disposed of within the area comprised in this Licence. Governor not be personally liable. Notices. English law to apply. Marginal notes. (4) The failure of the Government to pass the required legislation shall not entitle the Company to any damages compensation or other payment from the Government except as aforesaid.

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