Caroni (1975) Limited and Orange Grove National Company Limited (Divestment)

Link to law: http://rgd.legalaffairs.gov.tt/Laws2/Alphabetical_List/lawspdfs/64.08.pdf

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LAWS OF TRINIDAD AND TOBAGO

CARONI (1975) LIMITED AND ORANGE GROVE
NATIONAL COMPANY LIMITED

(DIVESTMENT) ACT
CHAPTER 64:08

Act
25 of 2005

Current Authorised Pages
Pages Authorised

(inclusive) by L.R.O.
1–2 ..
3–14 ..
15–16 ..

L.R.O. UNOFFICIAL VERSION


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Caroni (1975) Limited and Orange Grove
2 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

Note on Subsidiary Legislation
This Chapter contains no subsidiary legislation.

Note on Omissions
Vesting Orders made under section 5(1) have been omitted. For references to these Orders
see the current edition of the Consolidated Index of Acts and Subsidiary Legislation.

UNOFFICIAL VERSION


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L.R.O.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 3

LAWS OF TRINIDAD AND TOBAGO

CHAPTER 64:08

CARONI (1975) LIMITED AND ORANGE GROVE
NATIONAL COMPANY LIMITED

(DIVESTMENT) ACT
ARRANGEMENT OF SECTIONS

SECTION
1. Short title.
2. Interpretation.
3. Commencement.
4. Vesting of real estate undertakings.
5. Minister may vest operational undertaking.
6. Effect of vesting.
7. Act is a good root of title.
8. Minister may amend First Schedule.
9. Stamp Duty Act, Ch. 76:01 not to apply.
10. Functions of the Manager.
11. Reports.
12. Regulations.
13. Non-application of certain Acts.

FIRST SCHEDULE.
SECOND SCHEDULE.
THIRD SCHEDULE.

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Caroni (1975) Limited and Orange Grove
4 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

CHAPTER 64:08

CARONI (1975) LIMITED AND ORANGE GROVE
NATIONAL COMPANY LIMITED

(DIVESTMENT) ACT

An Act to provide for the vesting of the operational
undertakings of Caroni (1975) Limited in another
company and the vesting of the real estate undertakings
of Caroni (1975) Limited and Orange Grove National
Company Limited in the Republic of Trinidad and
Tobago and to provide for the development and
management of certain real estate undertakings.

[1ST JUNE 2006]

WHEREAS Caroni (1975) Limited and Orange Grove National
Company Limited are both wholly-owned State Enterprises:

And whereas it is expedient to divest and transfer the entire
real estate holdings of Caroni (1975) Limited and Orange
Grove National Company Limited to the Republic of Trinidad
and Tobago:

And whereas Estate Management and Business Development
Company Limited, a wholly-owned State Enterprise, has been
established for purposes which include the development and
management of certain real estate undertakings:

And whereas Sugar Manufacturing Company Limited, a
wholly-owned State Enterprise, has been established to
undertake the sugar cane processing and sugar refining business
conducted by Caroni (1975) Limited:

1. This Act may be cited as the Caroni (1975) Limited and
Orange Grove National Company Limited (Divestment) Act.

25 of 2005.

Commencement.
99/2006.

Preamble.

Short title.

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2. In this Act—
“appointed day” means the day on which this Act comes into

operation in accordance with section 3;
“Caroni” means Caroni (1975) Limited, a company incorporated in

Trinidad and Tobago and continued under the Companies Act;
“Caroni liabilities” means all the liabilities of Caroni to the State

and to third parties;
“Company” means Sugar Manufacturing Company Limited, a

company incorporated in Trinidad and Tobago under the
Companies Act;

“Manager” means Estate Management and Business
Development Company Limited, a company incorporated
in Trinidad and Tobago under the Companies Act;

“Minister” means the Minister to whom responsibility for the
Manager is assigned;

“operational undertakings” means the property of Caroni other
than its real estate holdings, used for the conduct of its sugar
cane processing and sugar refining business and more
particularly described in, but not limited to that set out in
the Second Schedule;

“Orange Grove” means Orange Grove National Company
Limited, a company incorporated in Trinidad and Tobago
and continued under the Companies Act;

“real estate undertakings” means all the real estate holdings of
Caroni and Orange Grove whatsoever and wheresoever
situate and more particularly described in, but not limited to
those set out in the First Schedule;

“State” means the Republic of Trinidad and Tobago.
*3. This Act comes into operation on such day as is fixed by

the President by Proclamation.
4. The real estate undertakings are hereby transferred to and

vested in the State to the intent that the State shall succeed to the
real estate undertakings, as if in all respects the State were the same
person in law as Caroni or Orange Grove, as the case may be.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 5

LAWS OF TRINIDAD AND TOBAGO

Interpretation.

Ch. 81:01.

Second
Schedule.

First Schedule.

Commencement.
99/2006.

Vesting of real
estate
undertakings.

* This Act came into operation on 01.06.2006 — See LN 99/2006.

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Caroni (1975) Limited and Orange Grove
6 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

5. (1) The Minister may, by Order, transfer to or vest in the
Company, all or any part of the operational undertakings
necessary for the Company to undertake the sugar cane
processing and sugar refining business conducted by Caroni and
not already leased to or forming part of lands leased to or
otherwise vested in the Company.

(2) The transfer and vesting under subsection (1), may
be subject to such conditions as the Minister may determine.

6. (1) Subject to subsection 2 the effect of the vesting of
the real estate undertakings and the operational undertakings
shall be that from the appointed day—

(a) every contract relating to the real estate
undertakings or the operational undertakings to
which Caroni or Orange Grove was a party, and
existing before the appointed day, except a
contract with the State, whether in writing or
not, shall be construed and have effect as if the
State or the Company, as the case may be, is a
party instead of Caroni or Orange Grove, as the
case may be; and

(b) for any reference to Caroni or Orange Grove as
the case may be, whether expressed or implied,
there shall be substituted as respect anything
failing to be done on or after the appointed day,
a reference to the State.

(2) No transfer or vesting effected by virtue of this
Act shall—

(a) operate as a breach of covenant or conditions
against alienation;

(b) give rise to any forfeiture;
(c) invalidate or discharge a contract or security

relating to the real estate undertakings, the
operational undertakings or the Caroni
liabilities; or

(d) operate so as to merge any leasehold interest in
the reversion expectant in it or so as to
invalidate any leases or tenancies.

Minister may
vest operational
undertaking.

Effect of
vesting.

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7. As from the appointed day, this Act shall be deemed to
be a good root of title to the real estate undertakings, so that any
lease granted in furtherance of this Act, shall be conclusive
evidence that the person named in such lease is seized of or
possessed of or entitled to such land for the estate or interest
therein specified.

8. The Minister may, by Order, amend the First Schedule.

9. The Stamp Duty Act shall not apply to the transfer and
vesting of the real estate undertakings or the operational
undertakings in the State or the Company, respectively, or to any
subsequent lease of any part of the real estate undertakings
which the State may grant to the Company, the Manager or any
other corporate entity for so long as the State is or continues to
be the owner of Caroni, the Company, the Manager or such other
corporate entity.

10. (1) Notwithstanding the State Lands Act, the Manager
shall be responsible for—

(a) the development of—
(i) the real estate undertakings prescribed in

the Third Schedule;
(ii) the real estate undertakings for

commercial and industrial use, as
prescribed by Order of the President on
the advice of the Minister with
responsibility for town and country
planning; and

(b) the management of the real estate undertakings
identified in paragraph (a) subsequent to
distribution.

(2) The President may by Order made in
furtherance of paragraph (a)(ii) prescribe the real estate
undertakings to be used for commercial and industrial purposes.

(3) The real estate undertaking vested in the State under
this Act, that are not distributed for residential, commercial or
industrial purposes shall be utilised in accordance with the State
Lands Act or any other written law on the subject of land use.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 7

LAWS OF TRINIDAD AND TOBAGO

Act is a good
root of title.

Minister may
amend
First Schedule.
Stamp Duty
Act,
Ch. 76:01 not
to apply.

Functions of
the Manager.
Ch. 57:01.

Third Schedule.

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Caroni (1975) Limited and Orange Grove
8 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

(4) For the purposes of subsection (1)(a),
“development” means the carrying out of building, engineering
or such other operations, the provision of infrastructure or
utilities on, in or under any land but does not include the making
of any change of use of any buildings or land, or the subdivision
of any land.

11. (1) The Manager shall submit in writing to the Minister,
under the hand of the Chairman of its Board of Directors or its
Chief Executive Officer, a report of all the development
undertaken under section 10 in the form and manner determined
by the Minister, within three months after the end of each year.

(2) The Minister shall lay the report in Parliament within
three months from the date of its receipt from the Manager.

12. The Minister may make Regulations generally for the
purpose of giving effect to this Act.

13. (1) Subject to subsection (2) from the appointed day, the
Agricultural Small Holdings Tenure Act, the Land Tenants
(Security of Tenure) Act and the State Land (Regularisation of
Tenure) Act, shall not apply to the real estate undertakings vested
in the State.

(2) This Act shall not operate to extinguish or
otherwise derogate from any rights, benefits, legitimate
expectation or real estate undertakings already acquired by or
vested in any tenant or squatter under the Acts listed in
subsection (1).

Reports.

Regulations.

Non-application
of certain Acts.
Ch. 59:53,
Ch. 59:54
Ch. 57:05.

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L.R.O.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 9

LAWS OF TRINIDAD AND TOBAGO

FIRST SCHEDULE
All the right, title, claim or interest of Caroni and Orange Grove in

all their real estate holdings whatsoever and wheresoever situate including but
not limited to the following SAVE AND EXCEPT such parcels or portions
thereof which from time to time might have been divested in fee simple
absolute by Caroni and/or Orange Grove prior to the appointed day:

PART A
THE REAL ESTATE UNDERTAKINGS OF CARONI (1975) LIMITED

Division 1
The freehold interest in—

1. ALL AND SINGULAR the lands described in the First, Second,
Third and Fourth Schedules to the Deed of Conveyance dated the 13th day of
September, 1938 and registered as No. 5005 of 1938 and made between
Waterloo Sugar Estates (Trinidad) Limited of the First Part and John Arthur
Nicholson of the Second Part and Caroni Limited of the Third Part Save and
Except the lands excepted therefrom.

2. ALL AND SINGULAR the lands described in the Schedule to the
Deed of Conveyance dated the 13th day of September, 1938 and registered as
No. 5006 of 1938 and made between Caroni Sugar Estates (Trinidad) Limited
of the First Part and Ian Wright of the Second Part and Caroni Limited of the
Third Part Save and Except the portions thereof sold from time to time.

3. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 11th day of October, 1938 and registered as Number 5730 of 1938
and made between Gordon Grant and Company Limited and Caroni Limited.

4. ALL AND SINGULAR the lands described in Deed of
Conveyance dated the 16th day of October, 1944 and registered as
Number 8638 of 1944 and made between His Most Excellent Majesty
George the Sixth and Caroni Limited.

5. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 16th day of August, 1946 and registered as Number 7849 of 1946
and made between Caroni Limited of the One Part and Dookie Beepat of the
Other Part as rectified by Deed dated the 11th day of September, 1947 and
registered as Number 9527 of 1947 and made between Dookhie Beepat also
called Dookhie of the First Part, Rampersad of the Second Part and Caroni
Limited of the Third Part.

Section 2.

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Caroni (1975) Limited and Orange Grove
10 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

6. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 16th day of August, 1946 and registered as Number 7850 of 1946
and made between Caroni Limited of the One Part and Rampersad of the
Other Part as rectified by Deed dated the 11th day of September, 1947 and
registered as Number 9527 of 1947 and made between Dookhie Beepat also
called Dookhie of the First Part and Rampersad of the Second Part and Caroni
Limited of the Third Part.

7. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 19th day of December, 1946 and registered as Number 9971 of 1946
and made between Mahomad Omar of the One Part and Caroni Limited of the
Other Part.

8. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 29th day of November, 1946 and registered as Number 411 of 1947
and made between Caroni Limited of the One Part and Ulphat, Osman,
Shiroon and Sabiran of the Other Part.

9. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 30th day of January, 1947 and registered as Number 974 of 1947 and
made between Abiraj Soochit also known as Abiradge Soochit also known as
Abiraj, Bridgemohun Soochit and Ramlakhan Soochit of the First Part, Abiraj
Soochit and Ramlakhan Soochit of the Second Part and Caroni Limited of the
Third Part Save and Except any mines and minerals reserved.

10. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 10th day of December, 1946 and registered as Number 1627 of 1947
and made between Caroni Limited of the One Part and The Honourable
Clarence Carmichael Abidh of the Other Part.

11. ALL AND SINGULAR the lands described in Deed dated the 11th
day of September, 1947 and registered as Number 7263 of 1947 and made
between Seepersad of the One Part and Caroni Limited of the Other Part.

12. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 24th day of March, 1949 and registered as Number 4296 of 1949 and
made between Caroni Limited of the One Part and Juggernauth of the Other Part.

13. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 5th day of March, 1949 and registered as Number 4383 of 1949 and
made between Solita Herrera of the One Part and Caroni Limited of the Other
Part Save and Except any mines and minerals reserved.

14. ALL AND SINGULAR the lands described in Deed dated the 17th
day of August, 1950 and registered as Number 6657 of 1950 and made
between Lutchman Ramlochan also known as Lutchman of the One Part and
Caroni Limited of the Other Part.

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L.R.O.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 11

LAWS OF TRINIDAD AND TOBAGO

15. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 8th day of July, 1952 and registered as Number 6219 of 1952 and
made between Alice Eda Aleong of the One Part and Caroni Limited of the
Other Part.

16. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 10th day of January, 1953 and registered as Number 326 of 1953 and
made between Christian Drayton of the One Part and Caroni Limited of the
Other Part.

17. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 17th day of February, 1953 and registered as Number 2885 of 1953
and made between Caroni Limited of the One Part and Albert Nathaniel of
the Other Part.

18. ALL AND SINGULAR the lands described in Deed dated the 1st day
of December, 1955 and registered as Number 13562 of 1955 and made between
Deniford Limited of the One Part and Caroni Limited of the Other Part.

19. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 24th day of April, 1956 and registered as Number 6028 of 1956 and
made between Sooroojnarine Singh of the One Part and Caroni Limited of the
Other Part Save and Except any mines and minerals reserved.

20. ALL AND SINGULAR the lands described in Deed of Conveyance
dated the 11th day of June, 1957 and registered as Number 7891 of 1957 and
made between Gordon Sugar Estates Limited acting by Harold Edward Green and
Alexander John Donald of the One Part and Caroni Limited of the Other Part.

21. ALL AND SINGULAR the lands described in Deed dated the 18th
day of March, 1958 and registered as Number 3229 of 1958 and made
between John Edward of the One Part and Caroni Limited of the Other Part.

22. ALL AND SINGULAR the lands described in Deed dated the 10th
day of December, 1958 and registered as Number 3255 of 1959 and made
between Gill Thomson and Montague Fahey of the One Part and Caroni
Limited of the Other Part Save and Except the mines and minerals reserved.

23. ALL AND SINGULAR the lands described in Deed dated the 24th
day of February, 1959 and registered as Number 4824 of 1959 and made
between Jessie Henderson Company Limited of the One Part and Caroni
Limited of the Other Part.

24. ALL AND SINGULAR the lands described in Deed dated the 27th
day of April, 1960 and registered as Number 5291 of 1960 and made between
Mahaisar Lackhee and Charles Lackhee of the One Part and Caroni Limited
of the Other Part.

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Caroni (1975) Limited and Orange Grove
12 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

25. ALL AND SINGULAR the lands described in Deed dated the 20th
day of September, 1961 and registered as Number 14076 of 1961 and made
between Joseph Nathan Montique of the One Part and Caroni Limited of the
Other Part, Save and Except any mines and minerals reserved.

26. ALL AND SINGULAR the lands described in Deed dated the 18th day
of December, 1961 and registered as Number 1614 of 1962 and made between
Verdant Vale Limited of the One Part and Caroni Limited of the Other Part.

27. ALL AND SINGULAR the lands described in Deed dated the 6th
day of January, 1962 and registered as Number 1898 of 1962 and made
between Alston Rudder of the One Part and Caroni Limited of the Other Part.

28. ALL AND SINGULAR the lands described in the First and Second
Schedules to the Deed of Conveyance dated the 20th day of June, 1962 and
registered as Number 7762 of 1962 and made between The Woodford Lodge
Estates Limited acting by and Edwin Henry Chilcott and Harold Edward
Green of the One Part and Caroni Limited of the Other Part.

29. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 22nd day of November, 1962 and registered as Number 163 of 1963
and made between The Roman Catholic Archbishop of Port-of-Spain of the
One Part and Caroni Limited of the Other Part.

30. ALL AND SINGULAR the lands described in Deed dated the 7th
day of March, 1963 and registered as Number 2602 of 1963 and made
between Bhagwantia of the One Part and Caroni Limited of the Other Part.

31. ALL AND SINGULAR the lands described in the First and Third
Parts of the Schedules to the Deed of Conveyance dated the 4th day of June,
1964 and registered as Number 7774 of 1964 and made between Ste. Madeleine
Sugar Company Limited acting by Vivian Rupert Vaughn Cooper of the One
Part and Caroni Limited of the Other Part.

32. ALL AND SINGULAR the lands described in Deed dated the 19th
day of September, 1964 and registered as Number 12981 of 1964 and made
between Ramsamooj Gunness and Bhagman Ramsamooj Gunness of the One
Part and Caroni Limited of the Other Part Save and Except any mines and
minerals reserved.

33. ALL AND SINGULAR the lands described in Deed of Exchange
dated the 2nd day of April, 1968 and registered as Number 6396 of 1968 and
made between Caroni Limited of the One Part and Federation Chemicals
Limited of the Other Part.

34. ALL AND SINGULAR the lands described in Deed dated the 13th
day of November, 1968 and registered as Number 12866 of 1968 and made

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L.R.O.

Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 13

LAWS OF TRINIDAD AND TOBAGO

between Phyllis May Ackerman of the One Part and Caroni Limited of the
Other Part Save and Except the mines and minerals reserved.

35. ALL AND SINGULAR the lands described in Deed
registered as Number 12018 of 1974 and made between Lennox Newton and
Evelyn Abrams of the One Part and Caroni Limited of the Other Part.

36. ALL AND SINGULAR the lands described in the First Part to the
Twelfth Part of the Schedule to Deed of Conveyance dated the 14th day of
June, 1993 registered as Number 11619 of 1993 and made between Forres
Park Limited of the First Part and Michael Lee Kim of the Second Part and
Caroni (1975) Limited of the Third Part Save and Except the parcels
described in the Eleventh Part thereof.

37. ALL AND SINGULAR the lands described in the First Part of the
First Schedule, the Second Part of the First Schedule, the First Part of the
Second Schedule, the Second Part of the Second Schedule and the Fifth
Schedule to the Deed of Conveyance dated the 13th day of September, 1938
registered as Number 5008 of 1938 and made between Caroni Sugar Estates
Limited of the One Part and Caroni Limited of the Other Part.

38. ALL AND SINGULAR the lands described in the First, Second, Fourth
and Seventh Schedules to the Deed of Conveyance dated the 11th day of June,
1957 and registered as Number 7891 of 1957 and made between Ste. Madeleine
Sugar Estates Limited of the One Part and Caroni Limited of the Other Part.

Division 2
The freehold interest in—

1. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 13th day of September, 1938 registered on the 16th day of
September, 1938 in Volume 905 Folio 397 and made by Waterloo Sugar
Estates (Trinidad) Limited in favour of Caroni Limited.

2. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 13th day of September, 1938 registered on the 16th day of
September, 1938 in Volume 905 Folio 391 and made by Caroni Sugar Estates
(Trinidad) Limited in favour of Caroni Limited.

3. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 12th day of September, 1939 registered on the 26th day of June,
1957 and made by Sir George Frederick Huggins in favour of Caroni Limited.

4. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 16th day of September, 1946 registered in Volume 49 Folio 30
and made by Samsoondarie and Ramroop in favour of Caroni Limited.

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Caroni (1975) Limited and Orange Grove
14 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

5. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 10th day of December, 1946 registered on the 1st day of
March, 1947 in Volume 286 Folio 293 and made by The Honourable
Carmichael Abidh in favour of Caroni Limited.

6. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 11th day of June, 1957 registered on the 26th day of June,
1957 in Volume 1428 Folio 53 and made by Gordon Sugar Estates Limited in
favour of Caroni Limited.

7. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 16th day of April, 1958 registered on the 21st day of April,
1958 in Volume 1475 Folio 245 and made by Ella Amelia Knox in favour of
Caroni Limited.

8. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 18th day of December, 1961 registered on the 7th day of
February, 1962 in Volume 1607 Folio 357 and made by Verdant Vale Limited
in favour of Caroni Limited.

9. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 20th day of June, 1962 registered in Volume 1621 Folio 253
and made by Woodford Lodge Estates Limited (in Liquidation) in favour of
Caroni Limited.

10. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 4th day of June, 1964 registered on the 12th day of August,
1966 in Volume 1788 Folio 283 and made by Ste. Madeleine Sugar Company
Limited in favour of Caroni Limited.

11. ALL AND SINGULAR the lands described in Memorandum of
Transfer dated the 14th day of June, 1993 registered on the 4th day of August,
1993 in Volume 3618 Folio 105 and made by Forres Park Limited in favour
of Caroni (1975) Limited.

Division 3
The leasehold interests referred to in—

1. Deed registered as Number 5805 of 1938, and made between
Waterloo Sugar Estates (Trinidad) Limited of the First Part, John Arthur
Nicholson of the Second Part and Caroni Limited of the Third Part.

2. Deed of Lease registered as Number 9161 of 1950 made between
Sylvester Philips of the One Part and Caroni Limited of the Other Part.

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Caroni (1975) Limited and Orange Grove
National Company Limited (Divestment) Chap. 64:08 15

LAWS OF TRINIDAD AND TOBAGO

3. Deed of Lease registered as Number 8264 of 1974 between the State
of the One Part and Caroni Limited of the Other Part.

4. Deed of Lease registered as Number 8265 of 1974 and made
between the State of the One Part and Caroni Limited of the Other Part.

5. Deed dated the 14th day of June, 1993 and registered as Number 11619
of 1993 made between Forres Park Limited of the First Part, Michael Lee Kim
of the Second Part and Caroni (1975) Limited of the Third Part.

PART B
THE REAL ESTATE UNDERTAKINGS OF ORANGE GROVE

NATIONAL COMPANY LIMITED

ALL AND SINGULAR the lands described in Volume 1995
Folio 253 granted on the 2nd day of March, 1971 by Royal Grant
of Crown Lands to Orange Grove National Company Limited.

SECOND SCHEDULE
THE OPERATIONAL UNDERTAKINGS

PART A
The sugar factories, office buildings, warehouses, port facilities,

railways, scales, structures, plant, machinery, rolling stock, computer and
communications equipment, office furniture, fittings and all other equipment
owned and located on any premises occupied by Caroni in Trinidad and
Tobago or elsewhere necessary for the Company to continue the sugar cane
processing and refining business being conducted by Caroni.

PART B
All books and records of Caroni which are maintained by Caroni and

necessary for the Company to continue the sugar cane processing and refining
business being conducted by Caroni.

Section 2.

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16 Chap. 64:08 National Company Limited (Divestment)

LAWS OF TRINIDAD AND TOBAGO

Section
10(1)(a)(i). THIRD SCHEDULE

LAND ASSIGNED TO THE MANAGER

Site Location No. of Lots Estimated
Acreage

[Subject to Survey]

1. Brothers Garth Housing Development 90 15.00
Princes Town

2. Orange Field Housing Development 36 6.00
Phase I (Extension)

3. Cedar Hill Housing Development 28 4.60
Phase I (Extension)

4. La Fortune Housing Development 15 2.50
Phase I (Extension)

5. Calcutta Settlement Road … … … 72 12.00
6. Esperanza … … … … … 60 10.00
7. Sonny Ladoo (Exchange) … … … 216 36.00
8. Balmain (Montserrat) … … … … 240 40.00
9. Factory Road … … … … 261 44.00
10. Mc Bean … … … … … 108 18.00
11. Orange Field Housing Development 174 29.00

Phase II
12. Picton Phase II … … … … 222 35.00
13. Hermitage Phase II … … … … 330 55.00
14. Woodland … … … … … 88 18.00
15. Roopsingh Road, Edinburgh … … 564 94.00
16. Exchange (Exchange Section)… … … 510 85.00
17. Felicity … … … … … 844 38.00
18. La Romain … … … … … 914 153.00
19. Chin Chin Road … … … … 822 139.00
20. Picton Extension … … … … 456 76.00
21. Reform … … … … … 900 150.00
22. Exchange … … … … … 714 19.00

TOTAL … … … … … 7664 1,279.10

UNOFFICIAL VERSION


UPDATED TO DECEMBER 31ST 2014

MINISTRY OF LEGAL AFFAIRS www.legalaffairs.gov.tt
Read Entire Law on rgd.legalaffairs.gov.tt