Section 53: Application of Companies and Allied Matters Act. etc.

(1) The provisions of this Act shall apply notwithstanding the provisions of the-
(a) Companies and Allied Matters Act;
(CAMA, Act No. 3. 2020.)
(b) the Nigeria Deposit Insurance Corporation Act;
(Act No. 16. 2006.)
(c) Federal Competition and Consumer Protection Act;
(Act No. 1. 2018.)
(d) Nigerian Financial Intelligence Unit Act;
(Act No. 9. 2018.)
(e) Federal Mortgage Bank of Nigeria Act;
(Cap. F16. LFN, 2004.)
(f) Mortgage Institutions Act;
(Cap. M19. LFN, 2004.)
(g) Nigerian Export-Import Bank Act; and
(Cap. N106. LFN, 2004.)
(h) other applicable laws, in so far as they relate to banks, other financial institutions and specialised banks.
(2) Where any of the provisions of the Acts mentioned in subsection (1) or any other law or enactment is inconsistent with any of the provisions of this Act, the provisions of this Act shall prevail.