AGRICULTURAL CREDIT GUARANTEE SCHEME FUND ACT, 1977

Section 21: Regulations.

1977Section 21 of 23Federal Republic of Nigeria

The Board may, with the approval of the Minister, make regulations generally for carrying into effect the provisions of this Act and, in particular-(a)
to vary-
(i) the penalties which the Board may impose for failure to submit a return under section 16 of this Act;
(ii) the agricultural purposes set out in the Schedule to this Act;
(Schedule.)
(iii) the maximum liability of the Fund in respect of guarantees;
(iv) the amount of unsecured loans that may be granted to a small scale farmer;
(v) the amount of loans guaranteed to individuals and corporate bodies; and
(b) to require a farmer, who receives a loan under this Act for insurable crops, to take an agricultural insurance.
[1993 No. 32.]

Cite this section

Section 21, AGRICULTURAL CREDIT GUARANTEE SCHEME FUND ACT, 1977 (1977).

https://repo.podus.ai/laws/agricultural-credit-guarantee-scheme-fund-act-1977/section/21/