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Sierra Leone Local Content Agency Act, 2016 (No. 3 of 2016).

Country/Territory
Sierra Leone
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Original source
Supplement to the Sierra Leone Gazette No. 11 of 3 March 2016.
Long title
Being an Act to establish the Sierra Leone Local Content Agency to provide for the development of Sierra Leone Local content in a range of sectors of the economy such as industrial, manufacturing, mining, petroleum, marine resources, agriculture, transportation, maritime, aviation, hotel and tourism, procurement of goods and services; public works, construction and energy sectors; to promote the ownership and control of productive sectors in the economy by citizens of Sierra Leone; and to provide for other related matters.
Subject
Agricultural & rural development, Food & nutrition, Water
Keyword
Agricultural development Business/industry/corporations Institution Non-governmental entity Special fund Smallholders/peasants Credit Capacity building Food security Sustainable development Irrigation
Geographical area
Africa, Least Developed Countries, North Atlantic, Western Africa
Abstract

This Act provides with respect to the promotion of Sierra Leone products and services and for the establishment of the Sierra Leone Local Content Agency and the Local Content Development Fund. The object for which the Agency is established is to promote Sierra Leone local content development by effectively and efficiently managing the administration and regulation of Sierra Leone local content development in Sierra Leone. "Sierra Leone Local Content" means the proportion between the value of the goods produced and services rendered in Sierra Leone by Sierra Leoneans and the total value of the goods and services acquired for exploration, development and production in the sectors covered by the Act under concession, contracts, licences and other forms of agreements. The Act stipulates, among other things: Operators and contractors in the agriculture sector shall establish and support out-grower schemes for small holder farmers in order to create jobs, improve quality of agricultural products, build capacity, transfer knowledge and technology and build the revenue of small to medium scale farmers in the rural areas in particular. (2) Operators and contractors in the private and public sector shall promote greater use of improved production techniques and increased use of inputs such as improved seeds and fertilisers to boost productivity of small holder farmers. (3) Security of tenure shall be granted to small holder farmers in order to promote an increased investment and improvements in the land. (4) Greater access to credit, market information and access to water shall be made available to small holder farmers to boost productivity. For the supply of food products to public institutions, first consideration shall be given to locally produced food .

Full text
English
Website
www.parliament.gov.sl