23.—(1) There shall be payable to the Government by all lessees of mining leases a royalty of £5 per centum upon the value of all metal won.
Form of collection.
(2) If such metal or any ore containing metal be exported from the Protectorate, such royalty shall be collected in the form of an export duty payable upon exportation at any customs station in the Protectorate.
Value, how computed.
(3) The value of such metal shall be deemed to be the actual market price of the metal in the London market on the 1st day of January, April, July, or October next preceding the exportation.
Tin ore.
(4) The value of tin ore shall be deemed to be at the rate of 70 per centum of the value of metallic tin computed as aforesaid.
Penalties.
24. Any person wilfully committing a breach of these regulations or refusing to obey an order lawfully given under any of the provisions thereof shall in addition to any liability to forfeiture provided by the Proclamation be liable to a penalty not exceeding £50, or in default to imprisonment for a term not exceeding six months.