CONSUMER PROTECTION COUNCIL ACT

Section 27: Borrowing power

1992Section 27 of 33Federal Republic of Nigeria

(1)
The Council may, with the consent of the Minister or in accordance with the general guidelines approved by the President, borrow, by way of loan or overdraft from any source, any money required by the Council for meeting its obligations and discharging its functions under this Act.
(2) The Council may invest any surplus funds of the Council in such securities as may be approved by the President.

Cite this section

Section 27, CONSUMER PROTECTION COUNCIL ACT (1992).

https://repo.podus.ai/laws/consumer-protection-council-act/section/27/