COMPANIES AND ALLIED MATTERS ACT, 2020

Section 866: Power to compound offences.

2020Section 866 of 870Federal Republic of Nigeria

The Commission shall have power to compound any administrative offence under this Act by accepting such sums of money as it deems fit in the circumstance but not exceeding the maximum fine to which the offender would have been liable if he had been convicted of the offence.

Cite this section

Section 866, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/866/