Section 60: Tax deductability of annual levy and vested contributions (amended by Section 8 of the Asset Management Corporation of Nigeria (Amendment) Act, 2015)

Any annual levy paid by an eligible financial institution under this Act, and all contributions made by an eligible financial institution referred to in section 60F of this Act, shall be deductible for the purposes of the companies' income tax of the paying eligible financial institution, under the Companies Income Tax Act.