Section 5, The Diamond Agreements Shor: ti~Ie

(1) Provided the requirements of Clause 2 have been complied withto the satisfaction of the Governor or of the Crown Agents on his behalf then the Governor acting for and on behalf of the Government of the Colony will grant to the Company a licence for the term of ninety-nine years from the first day of July One thousand nine hundred and thirty-three conferring the sole and exclusive right of exploring for exploiting producing taking disposing and marketing of diamond throughout the area of the Colony with the exception of the areas comprised in the said Marampa Concession and the Tonkolili Agreement Area upon the terms and in the form set out in the Schedule hereto. (2) In the meantime no licence shall be granted conflicting with the terms of the Licence set out in the said Schedule.