BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020

Section 124: Request for an Expert.

2020Section 124 of 132Federal Republic of Nigeria

(1) The Tribunal shall, upon an application by any of the parties or on the Tribunal own motion, decide that an independent expert opinion is required.
(2) Where the Tribunal decides in accordance with subsection (1), it shall request that the lead expert assigns an expert to the case.
(3) Any expert appointed under sub section (2) shall provide the opinion within such time as may be prescribed by the Tribunal.
(4) Notwithstanding the provisions of this section or section 123, the opinion of the expert provided to the Tribunal is advisory and not binding on the Tribunal.

Cite this section

Section 124, BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020 (2020).

https://repo.podus.ai/laws/banks-and-other-financial-institutions-act-2020/section/124/