BANK EMPLOYEES ETC. (DECLARATION OF ASSETS)

Section 4: Annual Assets Declaration.

1986Section 4 of 15Federal Republic of Nigeria

(1) An employee who has made a declaration in accordance with section 1 of this Act shall, within seven days of the anniversary of the initial declaration and every subsequent year thereafter, make a further full disclosure of all assets acquired or disposed of during the immediately preceding year to which the declaration relates.
(2)
The full disclosure required to be made in subsection (1) of this section shall be in the manner prescribed in the Annual Assets Declaration Form contained in Form C of the Schedule to this Act and shall be duly executed and attested to in the manner prescribed in section 2 of this Act.
[Schedule. Form C.]
(3) The Chief Executive of every Bank shall, within seven days of receipt, submit to the appropriate authority all Annual Assets Declaration Forms submitted to him under this section.
(4) The obligation of an employee to make an annual declaration of assets as required in this section shall extend to a period of two years after the determination of his employment with the Bank; and for this purpose, it shall be the duty of the employee to collect the appropriate form from the Chief Executive of his Bank or a person authorised by him in that behalf and to submit the completed form to the Chief Executive within the time stipulated in subsection (1) of this section.
(5) Notwithstanding the circumstances of the determination of the employment of an employee affected by this Act, the Chief Executive shall, whenever requested by a former employee, promptly deliver to the former employee concerned the stipulated form to enable him comply with the provisions of this section.

Cite this section

Section 4, BANK EMPLOYEES ETC. (DECLARATION OF ASSETS) (1986).

https://repo.podus.ai/laws/bank-employees-etc-declaration-of-assets/section/4/