Section 59: Repeal.

(1) The Central Bank of Nigeria Act 1991 is hereby repealed.
(2) The following amendment enactments are also consequentially repealed-
(a) Central Bank of Nigeria (Amendment) Act 1993 ;
(b) Central Bank of Nigeria (Amendment) Act 1997 ;
(c) Central Bank of Nigeria (Amendment) (No.2) Act 1998 ; and
(d) Central Bank of Nigeria (Amendment) Act 1999.
(3) The rights, interests, obligations and liabilities of the Bank existing before the commencement of this Act under any contract or instruments, or in law or in equity apart from any contract or instrument, shall by virtue of this Act be assigned to and vested in the Bank.