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Law library · Sierra Leone · Cap. 287

Section 5, Cap. 287

Status not yet checkedCap. 287, Sierra Leone

Promptly following the execution of this Agreement the Governmentwill introduce and use its best endeavours to cause to be passed legislation for the purpose of ratifying and confirming this Agreement and implementing the terms hereof. If such legislation shall not be duly passed and become law within six months from the date of this Agreement or within such extended time as the Government and the Corporation may in writing agree this Agreement (except for the provisions of this Clause) shall cease and determine upon the expiry of such period of six months or such extended time so agreed, and the Government shall thereupon promptly purchase from the Corporation any shares and debentures of the Company then held by the Corporation at a price which equals the aggregate of the sums of money subscribed by the Corporation for such shares and debentures.

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