ASSET MANAGEMENT CORPORATION OF NIGERIA ACT
Section 46: Redemption of Debt Securities Issued by the Corporation.
(1) The Corporation may, from time to time, after consultation with the Minister and Governor, redeem and cancel debt securities issued by the Corporation under this Act.
(2) The Corporation shall create a sinking fund or any other fund, for the purposes of covering any shortfall that may be required to meet its obligations to redeem its debt securities, in such manner as may be jointly specified by the Federal Ministry of Finance and the Central Bank of Nigeria.
Cite this section
Section 46, ASSET MANAGEMENT CORPORATION OF NIGERIA ACT (2010).
https://repo.podus.ai/laws/asset-management-corporation-of-nigeria-act/section/46/