 <p class="MsoNormal" style="text-align: center">
                                              <span style="font-family: Arial">&nbsp;</span><b><span style="font-family: Arial">ADA-SONGOR 
                                              LAGOON (SITE FOR SALT INDUSTRY) 
                                              (VESTING) LAW, 1992 (PNDCL 287)</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></p>
                                              <p  style="text-align: justify">

                                              <span style="font-family: Arial">
                                              ARRANGEMENT OF SECTIONS</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Section</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#1><font color=blue>1. Cancellation of leasehold 
                                              interests</font></a></span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#2><font color=blue>2. Compensation</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#3><font color=blue>3. Tribunal</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              <a href=#4><font color=blue>4. Vesting of land in trust</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#5><font color=blue>5. Directives</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#6><font color=blue>6. Application of Act 125</font></a></span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#7><font color=blue>7. Interpretation</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#8><font color=blue>8. Revocation</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              <a href=#9><font color=blue>9. Commencement</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              SCHEDULES</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#10><font color=blue>First Schedule</font></a></span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#11><font color=blue>Second Schedule</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              <a href=#12><font color=blue>Third Schedule</font></a></span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              WHEREAS the land specified in the 
                                              First and Second Schedule to this 
                                              Law forms part of land declared as 
                                              land required in the public 
                                              interest and vested in Government 
                                              by virtue of the State Lands (Ada-Songor 
                                              Lagoon&#8212;Site for Salt Industry) 
                                              Instrument, 1974 (E.I. 30) as 
                                              amended by State Lands (Ada-Songor 
                                              Lagoon&#8212;Site for Salt Industry) 
                                              (Amendment) Instrument, 1975 (E.I. 
                                              57);</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AND WHEREAS the Government of the 
                                              Republic of Ghana by a Deed 
                                              executed on the 22nd day of 
                                              January, 1988 granted VACUUM SALT 
                                              PRODUCTS LIMITED of ACCRA&nbsp; a lease 
                                              in respect of the land specified 
                                              in the First Schedule to this Law 
                                              for a term of thirty years;</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AND WHEREAS the Government of the 
                                              Republic of Ghana by a Deed 
                                              executed on the 2nd day of August, 
                                              1989 granted STAR CHEMICAL 
                                              INDUSTRIES LIMITED of ACCRA a 
                                              lease of the land specified in the 
                                              Second Schedule to this Law for a 
                                              term of thirty years;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AND WHEREAS it appears to the 
                                              Provisional National Defence 
                                              Council that the remainder of the 
                                              leasehold interest is required in 
                                              the public interest and should 
                                              therefore be vested in the State;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              AND WHEREAS salt as a mineral is 
                                              property vested in the Provisional 
                                              National Defence Council for and 
                                              on behalf of the people of Ghana;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AND WHEREAS the Provisional 
                                              National Defence Council is 
                                              desirous of developing the 
                                              potential for increased salt 
                                              production in Ghana particularly 
                                              in the Ada-Songor Lagoon;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AND WHEREAS the Provisional 
                                              National Defence Council is 
                                              desirous of acquiring the land 
                                              specified in the Third Schedule 
                                              and has developed a master plan 
                                              for salt production in the 
                                              Ada-Songor Lagoon to ensure the 
                                              efficient development of the salt 
                                              potential of the Ada-Songor Lagoon 
                                              by undertaking infrastructural 
                                              work to benefit the contiguous 
                                              communities and the public 
                                              interest;</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              NOW THEREFORE in pursuance of the 
                                              Provisional National Defence 
                                              Council (Establishment) 
                                              Proclamation, 1981, this Law is 
                                              hereby made:</span></p>
                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=1></a>
                                              <span style="font-family: Arial">
                                              Section 1&#8212;Cancellation of 
                                              Leasehold Interests.</span></b></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The lease granted to Vacuum 
                                              Salt Products Limited of Accra by 
                                              the Government of Ghana in respect 
                                              of the land specified in the First 
                                              Schedule to this Law for a period 
                                              of thirty years and executed on 
                                              the 22nd day of January, 1988 is 
                                              hereby cancelled.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The lease granted to Star 
                                              Chemical Industries Limited of 
                                              Accra by the Government of Ghana 
                                              in respect of the land specified 
                                              in the Second Schedule to this Law 
                                              for a period of thirty years and 
                                              executed on the 2nd day of August, 
                                              1989 is hereby cancelled.</span></p>
                                              <p  style="text-align: justify">&nbsp;</p>
                                              <p  style="text-align: justify">

                                              <b>
                                              <a name=2></a>
                                              <span style="font-family: Arial">
                                              Section 2&#8212;Compensation.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) Compensation shall be paid to 
                                              a person having a right or an 
                                              interest in the leases cancelled 
                                              by section 1 of this Law.</span></p>
                                              <p  style="text-align: justify">

                                              <span style="font-family: Arial">
                                              (2) A person having a right or 
                                              having an interest in the 
                                              cancelled leases may apply for 
                                              compensation in writing to the 
                                              Secretary within six months of the 
                                              coming into force of this Law.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) The application for 
                                              compensation shall state:&#8212;</span></p>
                                              <p  style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) particulars of his right or 
                                              interest in the land;</span></p>

                                              <p  style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) the manner in which his right 
                                              or interest in the land has been 
                                              affected by this Law;</span></p>
                                              <p  style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) the extent of any damage done; 
                                              and</span></p>
                                              <p  style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">

                                              (d) the amount of compensation 
                                              claimed and the basis for the 
                                              calculation of the compensation,</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              and the Secretary may, having 
                                              regard to the market value or the 
                                              replacement value of the land or 
                                              the cost of the disturbance or 
                                              other damage, pay compensation in 
                                              respect of that land or make an 
                                              offer of land of equivalent value.</span></p>
                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=3></a>
                                              <span style="font-family: Arial">
                                              Section 3&#8212;Tribunal.</span></b></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Council may establish a 
                                              Tribunal by executive instrument 
                                              to consider and determine 
                                              conflicting claims of compensation 
                                              under this Law.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) Where there are conflicting 
                                              claims for compensation or a 
                                              person is not satisfied by the 
                                              compensation assessed by the 
                                              Secretary, the Secretary may refer 
                                              the matter to the Tribunal.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              (3) The Tribunal shall consist of 
                                              three persons appointed by the 
                                              Council in consultation with the 
                                              Chief Justice.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (4) The decisions of the Tribunal 
                                              shall be final except that the 
                                              Tribunal may reserve a question of 
                                              law for the consideration of the 
                                              Supreme Court.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (5) The rules governing the 
                                              functions and procedure of the 
                                              Tribunal shall be the same as the 
                                              rules applicable to the Tribunal 
                                              under the State Lands Act, 1962 
                                              (Act 125).</span></p>

                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=4></a>
                                              <span style="font-family: Arial">
                                              Section 4&#8212;Vesting of Land in 
                                              Trust.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The lands specified in the Third 
                                              Schedule to this Law are hereby 
                                              vested in the Council in trust for 
                                              the owners and for the development 
                                              of a salt industry and related 
                                              activities.</span></p>

                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=5></a>
                                              <span style="font-family: Arial">
                                              Section 5&#8212;Directives.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Council may give such 
                                              directives as it thinks fit for 
                                              the achievement of the objectives 
                                              set out in section 4 of this Law.</span></p>

                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=6></a>
                                              <span style="font-family: Arial">
                                              Section 6&#8212;Application of Act 125.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Sections 5, 6 and 7 of the State 
                                              Lands Act, 1962 (Act 125) shall 
                                              apply with such modifications as 
                                              may be necessary to this Law.</span></p>

                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=7></a>
                                              <span style="font-family: Arial">
                                              Section 7&#8212;Interpretation.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              In this Law, unless the context 
                                              otherwise requires&#8212;</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &quot;Council&quot; means the Provisional 
                                              National Defence Council;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &quot;Secretary&quot; means the Secretary 
                                              responsible for Lands and Natural 
                                              Resources.</span></p>

                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=8></a>
                                              <span style="font-family: Arial">
                                              Section 8&#8212;Revocation.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The following executive 
                                              instruments are hereby revoked:&#8212;</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">(i) 
                                              The State Lands (Acquisition of 
                                              Leasehold in Ada-Songor Lagoon) 
                                              Instrument, 1981 (EI 10);</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (ii) The State Lands (Ada-Songor 
                                              Lagoon&nbsp; Site for Salt Industry) 
                                              Instrument, 1974 (EI 30);</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              (iii) The State Lands (Ada-Songor 
                                              Lagoon - Site for Salt Industry) 
                                              (Amendment) Instrument, 1975 (EI 
                                              57).</span></p>
                                              <p  style="text-align: justify">
                                              <b>
                                              <a name=9></a>
                                              <span style="font-family: Arial">
                                              Section 9&#8212;Commencement.</span></b></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              This Law shall be deemed to have 
                                              come into force on the 24th day of 
                                              April, 1992.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              SCHEDULES</span></p>
                                              <p  style="text-align: justify">
                                              <a name=10></a>
                                              <span style="font-family: Arial">
                                              FIRST SCHEDULE</span></p>

                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              All that area approximating 
                                              12428.00 acres situate at 
                                              Ada-Songor Lagoon in the Ada 
                                              District of the Republic of Ghana 
                                              lying to the North of the Gulf of 
                                              Guinea and to the South of 
                                              Toflokpo, Songonya villages which 
                                              piece of land is more particularly 
                                              delineated on plan attached hereto 
                                              and thereon shewn edged blue.</span></p>
                                              <p  style="text-align: justify">
                                              <a name=11></a>
                                              <span style="font-family: Arial">
                                              SECOND SCHEDULE</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">

                                              All that piece of land covering an 
                                              approximate area of 7920.00 acres 
                                              situate at Ada-Songor Lagoon in 
                                              the Ada District of the Republic 
                                              of Ghana lying to the South of 
                                              Toflokpo and Luho villages and to 
                                              the North of the Gulf of Guinea 
                                              which piece of land is more 
                                              particularly delineated on plan 
                                              attached hereto and thereon shewn 
                                              edged pink.</span></p>
                                              <p  style="text-align: justify">
                                              <a name=12></a>
                                              <span style="font-family: Arial">
                                              THIRD SCHEDULE</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              All that piece of land containing 
                                              an approximate area of 41640.00 
                                              acres situate at Ada-Songor Lagoon 
                                              in the Dangbe East District of the 
                                              Greater Accra Region of the 
                                              Republic of Ghana lying to the 
                                              South of Sege, Toflokpo, Matsekope, 
                                              Mangoase and Tekpekope villages 
                                              and to the North of Gulf of Guinea 
                                              between Akplabanya and 
                                              Adedetsekope villages and to the 
                                              East of the motor road from Sege 
                                              to Anyaman and to the West of 
                                              Adedetsekope, Obane and Wornorkope 
                                              villages which piece of land is 
                                              shown edged pink excluding that 
                                              portion of land comprising an area 
                                              of 1660.00 acres and shown edged 
                                              green and marked &quot;YOMO&quot; which is 
                                              more particularly delineated on 
                                              Plan No. LD.8469E/57102 attached 
                                              hereto.</span></p>

                                              <p  style="text-align: justify; text-indent: 36.0pt">
                                              <span style="font-family: Arial">
                                              Made this 31st day of August, 
                                              1992.</span></p>
                                              <p  style="text-align: justify; margin-left: 144.0pt">
                                              <span style="font-family: Arial">
                                              FLT.-LT. JERRY JOHN RAWLINGS</span></p>
                                              <p  style="text-align: justify; margin-left: 144.0pt">
                                              <span style="font-family: Arial">

                                              Chairman of the Provisional 
                                              National Defence Council.</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></p>
                                              <p  style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Date of Gazette Notification: 2nd 
                                              October, 1992.</span>