Schedule., The Diamond Corporations Agreement (1959) (Ratification) Ordinance

THIS AGREEMENT made the Thirteenth day of June One thousand nine hundred and fifty-nine BETWEEN THE GOVERNOR OF SIERRA LEONE acting for and on behalf of the Government of Sierra Leone (hereinafter called "the Government") of the first part THE DIAMOND CORPORATION, LIMITED a Company incorporated in the Union of South Africa and having its registered office at Consolidated Buildings Stockdale Street Kimberley South Africa (hereinafter called " the Corporation ") of the second part and THE DIAMOND CORPORATION SIERRA LEONE LIMITED a Company incorporated in Sierra Leone having its registered office at 7 Walpole Street Freetown Sierra Leone (hereinafter called" Dicosil ") of the third part, WITNESSETH- WHEREAS: (i) Sierra Leone is one of the principal diamond producing countries of the world and in the interests of the country and of its inhabitants it is the purpose of the Government of Sierra Leone to promote the orderly prosperity of the diamond industry in general and in particular to maintain the stability of that industry by ensuring the payment of prices not less than a guaranteed minimum price to Sierra Leone diamond producers; (ii) Large quantities of diamonds are produced by African miners and native firms of Sierra Leone licensed under the provisions of the Alluvial Diamond Mining Ordinance, 1956, as from time to time amended hereinafter referred to as " the Ordinance " ; (iii) Dicosil is a wholly-owned subsidiary of the Corporation and was formed inter alia for the purpose of purchasing under the provisions of an agreement between Dicosil and the Government the diamond production of all licensed African miners and native firms of Sierra Leone; (iv) The Government is satisfied and has determined that it is in the best interests of the diamond mining industry of Sierra Leone that a Government Diamond Office shall be established in Sierra Leone and that with effect from the first day of August one thousand nine hundred and fifty-nine all diamonds produced in Sierra Leone in accordance with the provisions of the Ordinance should be exported and marketed solely and only through and by the Government Diamond Office; (v) The Corporation is willing if so appointed (a) to manage the Government Diamond Office when the same has been established as aforesaid (b) to buy in accordance with the provisions of this Agreement all diamonds to be exported and marketed through and by the Government Diamond Office and (c) to train citizens of Sierra Leone in the highly skilled art of sorting and valuation of diamonds. NOW THEREFORE IT IS HEREBY AGREED by and between the parties hereto as follows- 1. IN this Agreement unless the Context otherwise requires " Government Diamond Office " means the· Government Diamond Office established under Clause 3 of this Agreement and " producer " means an Alluvial Diamond Miner and includes an Alluvial Diamond Dealer licensed under and a Native Firm as defined in the Ordinance. "Sample Parcel" means the Sierra Leone Sample Parcel which was inspected and agreed by Messrs. Triefus & Co., Limited on behalf of the Government of Sierra Leone on the Seventh day of September One thousand nine hundred and fifty-five. Diamond Corporations Agreement (1959) (Ratification) [Cap. 285