Sierra Leone Small and Medium Enterprises Development Agency Act, 2016 (No. 2 of 2016)

2. Establishment of Agency.

3. Board of Agency.

4. Tenn of office of Members of Board.

5. Meetings of Board.

6. Disclosure of conflict of interest.

7. Immunity of members of Board.

8. Committees of Board.

9. Functions of Board. JO. Remuneration of members. II. Filling of vacancies. PART III-FUNCTIONS OF AGENCY 12 Functions of Agency. • ii PART IV-ADMINISTRATIVE PROVISIONS

13. Appointment of Chief-Executive. 14. !·unctions of Chief-Executive.

15. Other staff of Agency. 16. 5econdment of public officers.

17. Protection of officers.

18. Powers of Minister.

19. Strategic, action plans of Agency. PART V - FINANCIAL PROVISIONS 20. funds of Agency.

21. Accounts and audit of Agency.

22. I· mancial year of Agency.

23. Annual rcpo11. 2-1. l:!>timatcs PAR I VI REGIS TRATION OF SMALL AND MEDIUM El\l'ITRI

25. Registration of Small and Medium Enterprises.

26. Issue of registration certificate.

27. Cancellation or variation of registration certificate. PART VII-MISCELLANEOUS PROVISIONS

28. Offences.

29. Regulations . • �'<',111 this 1/t/i day of February, 20/6. DR. ERNEST BAI KOROMA, President. �(). 2 2016 Sierra Leone I hl �1c,..-a Leone Small und Medium Enterprises Development !>holl 1111c Agency Act, 20 t6 'ing an Act to provide for the establishment of the Small and;\lcuium Enterprises DevelopmentAgency, to create a conducive rm ironPtcnt within which Small and Medium Enterprises can thrive and ope ·ate, to provide for Sierra Leone's fiscal, monetary and hanl,ing policy, trade and industry, technology, marketing, infrastructural and institut!onal development, and for other related matters. ] Datc,of corn­ mencernt:nt I NAC I rn by the President and Members of Parliament in this prc,ent Parliament assembled . • 2 No. 2 Sierra Leone Small and Medium Enterprises Development Agency Act 2016 • · PART I- PRELIMINARY lnterprctallon I. In this Act, unless the context otherwise requires - "Agency" means the Small anp Medium Enterprises Development Agency established by subsection (I) of section 2; "Board" means the Sierra Leone Small and Medium Enterpfises Development Board referred to in subsection (I) of section 3; "Chainnan" means the chainnan of the Board; "Chief-E xecutive" means the Chief-Executive appointed under section 13; "enterprise" means- (a) any fonn of trade or manufacture, craft by hand or foot, cultivation of fruits, vegetables or flowers, livestock breeding, or activity approved as such by the Agency; and (b) a co-operative society but does not include an office or fonn of employment, or a religious or charitable institution; "medium enterprise" means an enterprise which has an annual turnover of more than 100 million lconcs but not more than 500 million leones; "Minister" means the Minister responsible for Trade and Industry, and ministry shall be construed accordingly; "member" means a member of the Board and includes the chainnan; • l\o. 2 Siena leu11e Small wul \led111111 Emerpnses Dnelopmellf Age11<J, ,let 2016 3 "officer" means the Chicf-Cxecutive and any person appointed as such under section I .J; ·'public sector agency" means any Ministry, government department, local authority or statutory body: "registration certificate" means a registration certificate issued under section 26; "relevant permit" means any licence, permit, approval or other authorisation required from a public sector agency under any enactment; "small enterprise" means an enterprise which has an annual turnover of not more than I 00 million leones; "technical committee" means a technical committee referred to in subsection (4) of section 8. PART I.I ESTABLISHMENTOFTHESMALLAND MrDIUM ENTERPRISES DEVELOPMENT AGENCY

2. (I) There is herebv t:",tdblishcd a body t11 bt. kno·.vn as l.stabli)hmcnt the Sierra Leone Sm .. I _ 11.l l\1edn1111 Lntcr� bee; Ocveh'pmcnt Agency. of ;\gen�> C) fl t: \g.:ncy sha 11 • .... a ')ody co·puralc: having perpctual succl·ssio, and .. apablc ol .1cquiring. hold111i; and disposing of any proper!)," 11cthc1 movable or immovable, and of ,uing and being sued in its corpor,Hc nallle and, �ubJCCt to this Act, of pcr f onning all such acts as bodies corporak may b) la\'. pertonn. (3) Tht' Agenc� shall have a common seal, the use of which shall be authenticated b) the signatures of (a) the Chairman or other members of the Board authorised either generally or specially in that behalf by the Board; and; • 4 No. 2 Swrru lco1u: Smull and Alcdwm f:.'111e1pnses V,·velopme/11 Agency Act 2016 (b) the Chief-Executive or some other person designated in that behalf by the Board. Board of 3. (I) The governing body of the Agency shall be a Board Agency consisting of- (a) a Chairman who shall be a person who has qualifications and proven experience in business, trade, industry and enterprise development; and (b) a representative from each of the following ministries, institutions, associations and enterprises- (i) the a gency or unit responsible for agribusiness and agro-processing in the Ministry of Trade and Industry; (ii) Ministry of Finance and Ministry of Trade and Industry not below the position of Director; (iii) Organisations dealing with traders; (iv) Ministry of Youth and Employment; (v) the Art and Craft Association; (vi) the Sierra Leone Manufacturers Association; (vii) the Sierra Leone Chamber ofCommerce; and • No. 2 Sierra Leone Smull a11d Met/111111 £11te1pn>.t$ Dnelup111e11t ,·lge11cy Act 2016 5 (c) two representatives of the private sector having extensive experience in business and enterprise development to be appointed by the Minster; and (d) the Chief-Executive who shall serve as secretary. 4 (I) Tl�e Chairman and other members ofthe Board except:����:�­ : _ the Ch1ef-Execut1ve shall hold office for a period of three years and Members of shall be eligible for re-appointment for not more than one term. Board (2) No person shall be qualified to be a member of the Board ifhe is- (a) a Mcmbero fParliamcnt; (b) a member ofthe Board or Council ofa local authority under the Local Government Act, (3) A person shall cease to be a member ofthe Board on any of the the following grounds- (a) for his inability to perform the functions of hrs office by reason of infirmity of mind or body; (b) for proven misconduct; _ (c) if he becomes bankrupt or insolvent; (ct) if he is convicted of an offence involving fraud or dishonesty; • 6 No. 2 S1e11·a Leone Small and Medi11111 E111erpmes De1·elop111e111 Agency Act 2016 (e) if he fails to attend three consecutive meetings of the Board without reasonable cause; and (f) if he resigns his office by written notice· to the Minister. Meetings of 5. (1) The Board shall hold its first meeting on such date Board and at such place as the Minister may. after consultation with the Board determine and thereafter, it shall meet for dispatch ofbusiness at least once every month at the offices of the Agency and at such times as the Chairman may determine. (2) The Chairman shall preside at every meeting of the Board and in his absence, the members present shall elect one of their number to preside. (3) A minimum of four members of the Board may, by notice in writing signed by them, request the Chairman to summon a special meeting of the Board for such purposes as may be stated in the notice. (4) The Chain,1an or, in his absence, the member appoi >ted ,v ·Lt in h,� sll,,¼d shall SJr·�mon a special meeting within fiv days ot his receipt of the '10llcc rd rrcd to in subsection (3). · (5) fhe quorum at any meeting ofthe Board shall be five. (6) The Chairman or other person presiding shall have a casting vote where there is an equality of votes. (7) Any proposal circulated among all members and agreed to in writing by a two-thirds majority ofall members shall be of the same force or effect as a decision made at a duly constituted meeting ofthe Board and shall be incorporated in the minutes of the succeeding meeting of the Board: • -- No. 2 Stara Leon.: S111all w11I Med111111 E111e11w1si,, {)i,1·elop111e111 Age11t1• Ac1 2016 7 Provided that, ifa 111.:mber requires that such proposal is placed before a meeting of the Board, this subsection shall not apply to such proposal. (8) The Board may co-opt any person to attend and participate in its deliberations on any matter but such person shall not vote on any issue of the Board (9) The Board shall cause mmutcs ofall its meetings to be taken, signed by the Chairman and kept m proper form ( 10) !'he Chid:l:.xecutive shall unless otherwise directed b} the Board. attend every mcctmg of the Board and ma> take part in its deliberations, but shall not have the right to vote (11) SubJect to this Act, the Board shall regulate its meetings and procedure as it thinks fit.

6. (I) A member of the Board who has an) conflict of D1sdosurc of · · · conll1ct ol mterest, ,, I1et I1cr d'Jl'ect or 111d'ircet 111 any matter b . emg cons1'd ered or interest to be considered by the l3oard, shall disclose the nature ofhis interest to the Board and such disclosure shall be recorded in the minutes of the Board; and such member shall not take part in any deliberation or decision ofthe Board relating to that matter. (2) A member ofthe Board who contravenes subsection (I) shall be guilty ofmisconduct and shall be liable to be removed from the Board.

7. (I) No action or other proceedings shall lie or be instituted lmmunny of against any member ofthe Board or member ofa committee ofthe members of Board for or in respect ofany act or thing done or omitted to be done Board in good faith in the exercise ofhis functions . • 8 No. 2 S1e11a Leu11e Small and Med,u,11 £111erprises De,·elopme,11 Agency Act 2016 (2) No member of the Board shall be personally liable for any debt or obligation of the Agency. Comm1tlces 8. (I) The Board shall, for the discharge of its functions, or l3oard appoint one or more committees to perform such functions as the Board may determine. (2) A committee shall consist of members ofthe Board or non-members or both as the Board shall decide. (3) Without prejudice to the generality of subsection (I), the Board shall appoint a technical committee consisting of such members ofthe Board, including the Chief-Executive, and performing such functions as the Board shall determine. (4) The members of the tech111cal committee shall include- (a) persons who have qualifications and proven experience in the relevant sector being the subject matter under consideration by the technical committee; and (b) such officers of a public sector agency as may be required for the purposes of the subject matter before the tethnical committee. (5) A committee shall submit a report ofJts proceedings to the Board at such time as the Board shall determine. Functtons of 9. (I) Subject to this Act, the Board shall have the oversight Board and supervision of the Agency, including the sound and proper financial management of the Agency. (2) It shall also be the responsibility of the Board to provide such policy guidance and advice as will secure the efficient implementation of the functions of the Agency and enhance the overall performance of the Agency. • No. 2 Sierra Leone S11 ..,I/ c111d Afed111111 £11te1p1!ses De1·elop111e11t Age11cy Act 2016 9

10. (I) Thi.! Chairman and other members of the Board shall Remuneration of members be paid such rc111uncration, fees and allowances approved by the of Board Minister and shall be reimbursed by the Agency for expenses incurred whilst discharging their functions, as the Board shall, with the approval of the Minister, determine . (2) Co-opted members of the board under section 8 of Rcmuncra11on of co-opted . section 5 s I1a II be pat'd sueh remuneration . fiees and a II owances members. approved by the Minister and shall be re-imbursed by the Agency for expenses incurred in connection with the discharge of their functions.

11. (I) Where the Chairman or a member of the Board dies, Filling of ' . 1rom o ffice or .1s absent "1rom s·1erra Leone r1or a vacancies ' resigns, 1s removed (', continuous period exceeding three months or is by reason of illness unable to perform the functions of his omcc for a continuous period of three months- (a) the members of the Board shall, as the case may be, elect one of their number to act as Chairman until such time as the Chairman resumes his office or another is appointed in his stead; and (b) in the case of the member, the Chairman shall arrange, subject to this Act, to have another person appointed to the Board. (2) Where a person is appointed as Chairman or appointed as a member to fill a vacancy, he shall hold omce for the remainder of the term of the previous Chairman or member, as the case may be, and shall, subject to this Act, be eligible for re-appointment. • 10 No. 2 Sierru l�,me Small and A/,t,/111111 £111erpr1ses De,·elopme111 Agency Act 2016 PART III-FUNCTIONS OF AGENCY Functions of 12. (I) The object for which the Agency is established is to Agency promote a conducive business environment including an efficient and effective service delivery network in order to empower and develop Small and Medium Enterprises for growth, productivity and competitiveness. (2) Notwithstanding the generality of subsection (I) the Agency shall- (a) design and implement development support programmes and schemes for Smal I and Medium Enterprises; (b) facilitate, assist and provide market access and business linkage oprortun1ties to Small and Medium l:,ntC'.-pnscs 111 order to enable them compete successfully in national and international markets; (c) advise the Minster on policy issues relating to entrepreneurship promotion and development of Small and Medium Enterprises; (d) provide core support services, particularly entrepreneurship, development, business facilitation, counselling and mentoring services; (e) implement and operate a registration scheme for Small and Medium Enterprises and Small and Medium Industries; (t) facilitate access to industrial space, finance and other productive resources; • No. 2 Sierra Leone Small cmd Medi11111 £111e1pnses Dewlopmcm Agc11cJ .let 2016 II (g) empower product specific and sector specific Small and Medium Enterprises and Small and Medium Industries to enhance their delivery capabi I ities; (h) co-ordinate with other supplm organisations and stakeholders 111 thc fulrilmcnt of its objccti'vcs, (i) facilitate networking and market linl--ages among Small and Medium Entcrpri\cs: (k) facilitate development of linkages by large enterprises and Small and Medium Enterprises; (I) promote technological and managerial capabilities of Small and Medium b1terprises; (m) ensure that benefits and assistance identified for Small and Medium Enterprises reach targeted institutions, (n) identify best practices and disseminate them to Small and Medium Enterprises; (o) organise and encourage participation of Small and Medium Enterprises in trade, industrial and entrepreneurship development; (p) conduct surveys in the Small and Medium Enterprises sector and provide market intelligence for those enterprises including providing reports on various economic indicators; (q) design, implement, coordinate and monitor assistance programmes and projects provided for Small and Medium Enterprises; • 12 No. 2 Sierra Leone Small and Med111111 £111erpnses De,•elop111e111 Agc11c.1 Ac1 2016 (r) collaborate with other local and international agencies dealing with Small and Medium Enterprises to develop the local Small and Medium Enterprises through skills enhancement programmes for the officers of the Agency including participation in seminars, workshops and other capacity building programmes; (s) facilitate and coordinate research relating to the development of Small and Medium Enterprises and Small and Medium Industries. (t) inform the public at large about entrepreneurship activities; (u) provide business incubator facilities for Small and Medium Enterprises and Small and \kdium Industries; (v} d�v1sc and review policies relating to Small and Medium Cnterprises; and Small and Medium Industries; and (w) co-ordinate entrepreneurship activities and initiatives of public sector agencies and of the private sector relating to Small and Medium Enterprises and Small and Medium Industries. PART IV-ADMINISTRATIVE PROVISIONS Appotnlmcnt 13. (I) The Agency shall have a Chief-Executive who shal of Chief be the administrative head of the Agency and shall be appointed b� !''CCCU!tVC the President subject to the approval of Parliament . • o. 2 Sierra Leone S111C1II <lftfl Aled11H11 £111e1pr1ses De,·dopmelll ,lgenc; ,1, I 2016 13 (2) A person appointed as Chief-Executive shall have proven knowledge of business, finance, project management, management of Small and Medium Enterprises or other related business disciplines.

14. The Chief-Executive shall be responsible to the Board for Function� of · · Cl11el- t he per,ormance o f th e r r 10 IIowing ,unctions- r faccuti\c . (a) executing the policies of the Board in the control and management of the Agency; (b) ensuring that annual performance targets set by the 13oard arc achieved ; {c) submitting to the 13oard, a report on the activities and finances of the Agency every (3) months; (d) selling or exchanging any prope11y or making donations; (e) borrowing and lending money; and (f) entering into any contract which exceeds the prescribed amount applicable to the Agency under the Public Procurem�·nt Act.

15. (I) The Agency shall have, in addition to the Chief- Other stJff ot Executive Officer, a secretariat consisting of a Secretary, Finance Agcnc� Officer, Administrative Officer and such other additional technical and administrative staff, as may be required for the efficient performance of the functions of the Agency. (2) The Secretary and the other staff of the Agency shall be appointed by the Board in consultation with the Chief Executive. on such terms and conditions as the Board shall determine • t 14 '\ o. 2 Sierra Leon.: Small and .\fed111m £111erprises De,·elopmelll Agency Act 2016 (3) !"he Agency shall delegate to the Chief-Executive omccr- (a) the rower to appoint such other grade or c. t1..!!0nes of �tatfas the Agency may require for the performance of its functions, (b) the power to enter into agreements with other persons or bodies for and on behalf of the a!!ency ',c�.•lllllllClll 16. Public officers may at the instance of the Agency, be ,lf public ull1c.:I\ seconded or otherwise render a�s1stance to the Agency but the Agenc) m,1y request the\\ ithdra\\al ofan) such seconded sq1fT who i� unable to caIT) out assigned Iunctions m a manner satisfactory to the AgenC). Protccuon of 17. No oflicer or emplo) ee ofthe Agcnc)' or an) person act mg uflrc.:rs on the d1rect1ons of an officer ur cmplO) cc of the Agency shall be liable m respect ofan� matter or thing done by him m good ta1th. Po,,cr, of 18. (I) The Minister may give such directions of a genera M1n1sh:r nature to the Board, not inconsistent with this Act, as he consider.. necessary m the public interest, and the Board will comply with those directions. ( 2) The Minister may require the Board to furnish an: information or document m relation to the activities of the Agcnc) and the Board shall supply such information or document. Strategic, 19. (I) For the purposes ofeffectively attaining the object acuon plan� of ,\gene} of the Agency, the Chief-Executive shall prepare and submit to th Board for its approval a three or five year strategic plan as the boar may direct and a detailed action plan every year. (2) The strategic plan referred to in subsection (I) sha set out- • ,, o. 2 Sierra leo11� Small and \fed111111 Enterpr,seJ De1·dopme111 ,·lgmcy Acl 2016 15 (a) the operational and business objectives of the Agency; and (b) the strategics an<l policies \�hich the AgenC} intends to adopt, for the period specified in the plan. (3) The detailed action plan shall contain- (a) programmes implementation of the strategics and policies of the Agency; (b) an operational, financial, human resource and performance management plan; and (c) an evaluation process to monitor the achievements of the Agency for a period of one year. PART V- FINANCIAL PROV1SI0NS

20. (I) The activities of the Agency shall be fin,111ced by 1i.mds I u11Js nf . . \.v...r ... , L0n51Sl111g O f - (J) mo tC) app• ,>p1 atc<l lrom ti:11c Lo time by Parliament tor tht' purpose� oftlac Agent\ (b) money rivc'1 to thL A6ency by wa) of gifts. end(" 111('nts. bequest, grant or other contributions b\ persons and orgarm .. tion:, tor thL 1it,rpo:,es of the Agency; (c) all returns on investment, if any; (d) foreign aid and assistance from donor agencies: • 16 No. 2 Sierra l.eo11e Small 011d Met/111111 E111e1pnses Development Agency Act 2016 (e) all other moneys which may, from time to time, accrue to the Agency. (2) The funds of the Agency shall be applied only for the purposes of the approved budget of the Agency. Au:ounts and 21. (I) The Agency shal I keep proper books of account and audit of other records in relation to the activities, property and finances of Agenc> the Agency in a form approved by the Auditor-General, and shall prepare in respect of each financial year of the Agency a financial statement which shall include- (a) balance sheet accounts; (b) income and expenditure accounts; and (c) source and application of funds; (2) The accounts of the Agency kept under subsection (I) shall, not later than two months after the end of each financial year, be audited by the Auditor-General or an auditor appointed by him. (3) For the purposes of subsection (2), the Auditor­ General or the auditor appointed by him shall be entitled to have access to all books of account, vouchers and other financial records of the Agency and to require such information and explanation thereon as he may think fit. (4) rl1c Agency shall provide the Auditor-General or the auditor appointed by him with all ll(;ccssary and appropriate facilities for the examination of the accounts and records of the Agency. (5) The Auditor-General or the audito,· •nted by him shall submit to the Agency a report on the audited aC1..uunts and the financial statements referred to in subsection (I), and shall, in his report draw attention to - (a) any irregularity in the accounts: (b) any matter that are likely to adversely afTect the operations of the Agency; and I • No. 2 Sierra I.eon, Sma/1,md Afed111111 t.'11te1pn,es /)e,.clop111e111 ,lge,u 1 ,let 2016 17 (c) any other mailer which, in his opinion, ought to be brought Lo the notice of the Agency.

22. The financial year of the Agency shall be the same as the Fmanc,al year financial year of the Government. ol Age ncy.

23. (I) The Agency shall, within three months after the end A nnual of the financial year, submit to the Minister a report on the.perfonnance report of its functions together with an audited statement of accounts during that year, its policy and programmes. (2) The annual report shall include the accounts and annual financial statement prepared under section 21 and the report of the audit thereon. (3) The Minister shall lay copies of the annual report and audited statement before Parliament within two months after he has received the report. (4) The Agency shall make copies of the report available to all stakeholders once it has been laid before Parliament.

24. (I) The Agency shall not later than 30th September in Estimates every year, submit to the Minister an estimate of its income and expenditure for the next financial year. (2) Subject to subsection (3), the Minister shall, before the beginning of every financial year, signii) in writing his approval of the estimate for that financial )Car (3) Where the Minister signifies his approval under subsection (2), he may approve only part or the expenditure under any item or direct the Agency to amend the estimate in respect of any item in such manner as he thinks fit. PARTVI-REGISTRATION OF SMALL AND MEDIUM ENTERPRISE S

25. (I) A Small or Medium enterprise shall not benefit from Rcg1�1ra11011 any assistance offered or any scheme or programme operated by the 01 Small and l'vkdium Agency unless it is registered I " tc, prrw\ n (a) with the Agency under tl11s Act; and • 18 No. 2 Sierra 1 eo11e Small 011d l/ed111111 £111e1pnse., Develap111e111 Age11cy Act 2016 (b) under the 13usmess Registration Act, 2007. (2) An application for the registr<1tion of a Small or Medium enterprise under paragraph (a) of subsection (I) shall be made to the Board, in such form and accompanied by such information and fees as th.e Agency shall by statutory instrument prescribe . .... (3) Registration under the Business Registration Act, 2007 shall, for the purposes of this Act, be deemed to be registration under this section. bsuc or 26. (1) Where the Board approves an application· under r-:g1stration paragraph (a) of subsection (lJ of section 25, it shall issue a certificate registration certificate to the applicant, subject to such terms and conditions as it shall specify in the certificate. (2) A registration certificate issued by the Board under subsection (I) shall remain valid unless it is cancelled by the board under section 27 and shall specify- (a) the proposed capital of the business; (b) the name and address of the business; � . (c) the nature of its business Jctivity; (d) the estimated or actual work force of the business (c) the 1£ rms and cond11;bns att1chcd to the 1.crt ficak, and (I) su"h other information as the Board shall require C.a11�c11a11011 27. (1) Subject to this section, the Board may cancel or vary or ' .nalton the terms and conditions of a rerr1stration ° certificate where- ol c�1strat1on ccntficate (a) information is given to the Agency by the holder of the registration certificate that a business registered under this Act - (i) has ceased to meet the criteria that qualifies it as a Small or Medium enterprise; • 1'0. 2 Sierra Leone S11,.,II and Med11n11 /;"111e1pns,:, Developme/11 Agen cy Ac/ 2016 19 (ii) is false or misleading in any material particular; (b) the holder of the registration certificate, without lawful excuse, fails to- (i) comply with any requirement of this Act or any regulations made under it; or (iO pay any fee or charge levied under this Act or any regulations made under it; (c) the holder of a registration certificate- (i) changes the name or address specified in the registration certificate; or (ii) intends to change the nature of the business activity specified in the registration certificate; (d) the holder of a registration certificate ceases his operations either temporarily or pennanently and notifies the Agency of the cessation. (2) Before cancelling or varying a registration certificate, the Board shall, by notice in writing, within such reasonable time as it thinks fit, require the holder of the registration certificate to show cause why his registration certificate should not be cancelled or varied. PART VII-MISCELLANEOUS PROVISIONS

28. (I) Any person who- Offences (a) contravenes this Act or any regulations made under it; (b) in any application made under this Act, makes a statement that is false or mis1eading in any material particular; (c) willfully obstructs or hinders an officer in the execution of his functions under this Act; or • 20 No. 2 Si�11u leo11e S1t1ull 1Md Medium Emerprises De1•elopme111 Agency Acl 20 I (1 (d) without reasonable excuse, fails or refuc;, to give to an officer any information requm:,J of that person under this Act, commits an offence and shall, on conviction, be liable to a fine not less than one million and not exceeding Fifty Million Leones (Le 50,000,000) or to both fine and imprisonment for a term not exceed 111• 2 years. Rci:ul.111011s 29. (I) The Minister may by statutory instrument mat.:c regulations as it considers necessary or expedient for giving efkct to the provisions of this Act. (2) Without prejudice to the generality of subsection ( I regulations may provide for- (a) the levying of fees and charges; (b) prescribing applications, forms, licc,11:l'S permits, certificates, registers, returns and other forms that may be required for th1: purposes of the operation and managemt nt of Small and Medium enterprises; (c) the use of the name or logo of the Agc11l'}, and (d) prescription of the terms and conditions to be complied with by the holder of any I 1ccncc or permit in respect of doing the business of Small and Medium enterprises; (3) Regulations made under subsection (I) may pro\ 1tk penalties for any breach thereof, and may also provide ditkrent penalties in case of successive breaches or continuous breachi.:�. I • :-.:o. 2 s,�11., /.,.,..� S111u/l c111J Alet/111111 E111erp11,es Develvp111e11t Ageucy Act 2016 21 Passed in Parliament this I 2th day of November 20 I 5, in the year of our I ord two thousand and fifteen. IBRAHIM S. SESAY, Clerk of Parliament. • THIS PRINTED IMPRESSION has been carefully compared by me with the Bill which has passed Parliament and found by me to be a true and correct printed copy of the said Bill. IBRAHIM S. SESAY, Clerk of Parliament. PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA Lro,E. G,m.11A No. I I OF 3RD MARCH, 2016 . •