Page 301 - The Persian Gulf Historical Summaries (1907-1953) Vol II

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4. All instruments apparatus and material imported into the Shaikh’s
territories by the Company and which are necessary for the installation repair
extension and maintenance of the said telegraph station and any additions thereto
and of the said telephone exchange and subscribers apparatus or otherwise for
the Company’s purpose (including the building or buildings in which they arc
worked) shall be exempted from all customs dues or charges of a like nature
including export dues provided that no articles so imported shall be sold or
otherwise disposed of within the Shaikh’s territories unless all duties shall first
have been paid thereon calculated on the prices for which any such article is sold.
5. The Company shall be exempt from any special taxation (including
taxation on capital and assets outside the Shaikh’s territories) other than the
payment of any general rates or taxes which may now be in force or which may
at any future date be imposed. The Company shall also be exempt from the
payment of any terminal or transit charges on the traffic exchanged by means of
the telegraph station or any other system of telecommunication which may be
operated by the Company as well as any royalty or charges on the telephone system.

6. The Company shall be exempt from any costs of registering the Company
in the Shaikh’s territories should such registration be required.
7. The Shaikh agrees to lease to the Company for the period of the agreement
a suitable site (sites if required) at a rental not exceeding current rates for the
installation of the telegraph stations and telephone exchange and associated
buildings and for any extensions which may be required thereto. Such sites to be
free from all encumbrances.
8. All possible steps shall be taken by the Shaikh to prevent damage to or
theft of the Company’s property within the Shaikh’s territories. The Company
will take reasonable precautions to safeguard its buildings equipment and stores.
9. Upon the Company's ceasing operations and withdrawing its equipment
from the territory, all its immovable property shall become the property of the
Shaikh.
10. This Deed is written in English and translated into Arabic. If there
should at any time be disagreement as to the meaning or interpretation of any
clause in this Deed the English text shall prevail.
In witness whereof the parties to this Deed have set their hands the day and
year first above written.
(Signed) SHAIKH SAID BIN MAKTUM, O.B.E.
Ruler of Dubai.

(Signed) R. S. SMITH.
For Cable and Wireless Ltd.,

Signed in my presence
(Signed) H. D. MICHELL.
Political Officer, Trucial Coast, Sharjah.