Section 4, The Diamond Agreements Shor: ti~Ie

Upon the assets referred to in sub-clause (1) and (2) of Clause 2 beingtaken over by the Company and the purchase price being satisfied as provided by sub-clause (3) of that clause and upon payment by the Trust of all moneys payable under the Licence of1932 up to the thirtieth day of June One thousand nine hundred and thirty-three and subject to the Licence set out in the Schedule hereto being duly ratified and confirmed in accordance with the S.L.-VoL. IV-15 2156 Cap. 207] Diamond Agreement (1934 and 1935) provisiOn to that effect therein contained the Licence of 1932 and the obligations of the Trust thereunder shall be deemed to have determined as on that date.