Law library · Sierra Leone · The Finance Act, 2015
Schedule (3), The Finance Act, 2015
Status not yet checkedThe Finance Act, 2015, Sierra Leone
Item Fee Category Licence Category Amount
No. 15 Finance Act 2014 No. 15 Finance Act 201414
Laboratory Service Charges (For each sealed package) $50.00
Offences Penalty
Late or non-compliant technical report $2,000.00
Late or non-compliant audited financial report $2,000
Failure to keep complete technical records $2,000.00
Late or non-payment of annual charges 5% per month
Failure to pay penalty on time 20% per month
Failure to notify Minister of substantial changes in $3,000.00
ownership
Failure to comply with official written instruction $3,000.00
Failure to commence work within time limit specified in Act $3,000.00
Failure to notify Minister when large-scale mine commences
work for profit $3,000.00
Failure to notify Minister of termination, suspension or $5,000.00
reduction of production under large-scale mining licence
Failure to submit audited statement of itemized $40,000.00
expenditure directly incurred on exploration activities
(78 (3) of MMA 09 $40,000.00
Failure to meet minimum expenditure requirement
(after first carry forward) MMA 09
Violation of any health and safety provision or failure to
follow directives or maintain accident register $5,000.00
Violation of agreed environmental management
programme or failure to carry out rehabilitation or reclamation $8,000.00
Failure to honour employment and training
commitments or requirements of Act $5,000.00
Any Other breaches not specified above $2,000.00 to $10,000.00
Promotion of
youth
employment
and local
content. .
Type of information Fee
General
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