Section 23, The Forestry Regulations, 1989

(I) The Chief Conservator may sell the produce of anynational forest to the extcni that such produce is not subject to any prior cont:essmn, ,·omract or sale, h\'.ence or oonnnned usage: right ('.'!) The sale may be conducted either b)' auction or by private agreement The sale shaU be based on a bonus, eilher by bid or negotiated per hoppus foot or per cubic metre in addition to the regular fees and royalties paid. (3} The contract of sale may be executed by a licensing officer, subject to the following conditions and such additional pnx:edures an(\ in'l-ln.ii:-tions 1lS the Chief Consl'tv~tor may e$'1ablish- (aJ where stat1ding fimOOr is the produce in question, the area which shall be the subject of soch sale shall not be more than ten square miles or6,400 acres; (b) the tota1 stumpage value, if it is timber or prevailing market value in the ca~c of other forest produce shall be assessed and shall serve as ihe basis of contract sale negotiation or the minimum bid amount if the prQdu<Y. i!ii auctit:med; (c) the intention to execule such contract sales shall be published ln the Siena Leone Ga:ette and al least twu lOC8l news f!'/\pets stating the area, location, c~c egtirnare.d .quantity of p.-oduc,,. :i~d the minimum h1cl or proposal, thirty clear days before the sale is ex.cuted.