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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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