National Investment Board Act no. 11 of 2022.

This Act, consisting of 53 articles and divided into seven Parts, provides for the establishment of an investment board to promote investment opportunities, to act as a facilitating body and assist investors to obtain facilities relating to their business enterprises and generally to improve investments in Sierra Leone, except for narcotic drugs, psychotropic substances and military sectors. The Act concerns scarce resources, as non renewable resources or resources renewable over a long period of time whose utilisation is restricted and includes investments in mining and petroleum exploration and production, fishing, forestry and tourism. Matters covered by the Act include: establishment of the National Investment Board, powers and duties of its members, definition of its functions, including: promotion and implementation of public-private partnership agreements, determination of strategic investment policy of the country, encouragement of the development of agricultural production; duties of investment and export promotion directorate, including: facilitating export oriented operations of small scale producers, carrying out research on investments export and other related activities; investment in scarce resources and incentives for special investment, conditions imposed on investors including the protection of the environment; obligations of investors; protection of investment, including compensation and transfer of funds; financial provisions; offences; amendment and repeal of previous Acts.