DEBT MANAGEMENT OFFICE (ESTABLISHMENT, ETC.) ACT.

Section 31: Transitional Provisions, etc.

2003Section 31 of 34Federal Republic of Nigeria

(1) As from commencement of this Act, the powers of any Ministry or Extra-Ministerial Department over the management of any debt, referred to in Section 6 of this Act shall by virtue of this Act and without further assurance, be vested in the Office established by this Act and in accordance with the provisions of this Act.
(2) Accordingly, any proceeding or cause of action pending or existing immediately before the commencement of this Act by or against any such Ministry or Extra-Ministerial Department over the management of any debt in respect of any right, interest, obligation or liability in relation to the management of a debt referred to in Section 6 of this Act may be continued or commenced, as the case may be, by or against the Office, as if the Office had been a party thereto.
(3) The determination of a court of law, tribunal or other authority or person made in any proceeding or cause of action referred to in subsection (2), may be enforced by or against the office to the same extent that the proceeding, cause of action or determination could have been continued, commenced or enforced by or against that Ministry or Extra-Ministerial Department as if this Act had not been made.

Cite this section

Section 31, DEBT MANAGEMENT OFFICE (ESTABLISHMENT, ETC.) ACT. (2003).

https://repo.podus.ai/laws/debt-management-office-establishment-etc-act/section/31/