The immediate objectives of the Institute are dictated by a series of agreements with the bauxite companies operating in Jamaica, under which the Government has acquired varying levels of interest in the local operations of these companies, together with the re-acquisition of all the bauxite lands not immediately affected by mining and process operations. On the other hand the Government, through the Institute, is obligated to make available to the companies suitable deposits of ore to meet the productive capacity of their plants, as required over the tenure of agreements. A basic requirement is that of enabling the companies to fulfill their obligations under the Bauxite Production Levy Act, the Income Tax Act and the Mining Act so providing the country with the revenues to be paid in respectively as levy, income tax and royalty.