Page 248 - The Persian Gulf Historical Summaries (1907-1953) Vol III

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signed on 21st June 1945 corresponding to 11th Rajab 1354 has the following
meaning: —
The area to which this Agreement applies is the State of Ras al Khaimah,
including all Islands and Territorial waters appertaining thereto and all the sea­
bed and subsoil under these Territorial waters, including the Territorial waters of
the Islands, and all the sea-bed and subsoil lying beneath the waters which lie
outside the Territorial waters of Ras al Khaimah and contiguous to the Territorial
waters of Ras al Khaimah over which the Ruler’s jurisdiction and control extends
or may hereafter extend, or which now or hereafter may form part of the areas
over which the Ruler has or may have mineral rights (hereinafter referred to as
“The State’’) being all that Territory included in the Shaikhdom of Ras al
Khaimah.
The Shaikh agrees that when a delimitation of the lands and the waters
appertaining to the State of Ras al Khaimah have been determined the area
covered by the Concession will be coterminous with the limits so determined.

The Shaikh.
(Sgd.) Saqr bin Muhammad.

Witness:
(Sgd.) R. A. T. Codrai.

(b)
Letter, dated August 26, 1952, from Petroleum Concessions, Limited, to the Ruler
of Ras-al-Khaimah informing Him of the Company’s Decision to Increase
the Yearly Amount Paid to Him under Article 5 (c) of the 1945 Concession
Agreement
We have the pleasure to inform you that the Company has decided to increase
the amount paid to you every year under Article 5 (c) of the Oil Concession Agree­
ment from Rs. 60,000/-/- to Rs. 90,000/-/- commencing from the date of this
letter. This amount will be paid every three months at the rate of Rs. 22,500/-/-.

No. 18
Political Agreement between His Majesty’s Government and Petroleum
Concessions, Limited, to be Effective in the Event of an Oil Concession
Agreement being Signed between the Above-named Company and the
Ruler of Ras-al-Khaimah, dated March 25, 1938

This Agreement dated the twenty-fifth day of March One thousand nine
hundred and thirty-eight is made between His Majesty’s Government in the United
Kingdom (hereinafter called “ His Majesty’s Government ’’) of the one part and
Petroleum Concessions Limited (hereinafter called “ the Company ” which
expression shall where the context so admits be deemed to include its successors
and/or assignees and shall also be deemed to include any subsidiary Company) of
the other part.
Whereas Petroleum Development (Trucial Coast) Ltd. is a Subsidiary
Company of Petroleum Concessions Limited;
And whereas in the event of the Company obtaining a concession from the
Sheikh of Ras al Khaimah (hereinafter called “the Sheikh’’) certain responsibilities
will devolve on His Majesty’s Government, the Company has agreed with His
Majesty’s Government as follows: —
1. Petroleum Concessions Limited and any subsidiary company shall be and
remain a British company registered in Great Britain and having its principal place
of business in Great Britain, and its Chairman shall at all times be a British subject
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