Commission for the Management of Strategic Resources, National Reconstruction and development Act, 1999
An Act establishing a commission to manage Sierra Leone's strategic resources and support national reconstruction and development during the peace process.
Summary
This Act established the Commission for the Management of Strategic Resources, National Reconstruction and Development (CMRRD). It was created in 1999 as part of the Lomé Peace Agreement arrangements, which provided for the management of the country's strategic mineral resources — notably diamonds and gold — to be placed under a commission as part of the settlement to end the civil war.
The Act provided for the Commission's establishment, composition and functions, giving it authority over the exploitation and marketing of strategic resources and directing the resulting revenues towards national reconstruction and development. It reflected the political compromise of the peace process and the attempt to use resource wealth for the public good.
Main provisions
- Establishes the Commission for the Management of Strategic Resources, National Reconstruction and Development.
- Provides for the Commission's composition and functions.
- Gives it authority over the exploitation and marketing of strategic resources such as diamonds and gold.
- Directs resource revenues towards national reconstruction and development.
- Gives effect to arrangements under the Lomé Peace Agreement.