DEFENCE RESEARCH AND DEVELOPMENT BUREAU ACT, 2022

Section 18: Establishment, sources and application of the Fund.

2022Section 18 of 31Federal Republic of Nigeria

(1) There is established for the Bureau a Fund (in this Act referred to as "the Fund").
(2) There shall be paid and credited to the Fund -
(a) allocations from the annual budgetary provision of the Federal Government and money as may be appropriated for the Fund by the National Assembly;
(b) trust fund from special levy or tax on all equipment, supplies and materials imported by all military and para-military organisations in the country;
(c) foreign aid and assistance from bilateral and multilateral agencies;
(d) fees charged for services rendered by the Bureau; and
(e) all other sums accruing to the Fund by way of gifts, endowments, bequests or other voluntary contributions by persons and organisations that the terms and conditions attached to such gifts, endowments, bequest or contributions shall not jeopardise the functions and objectives of the Bureau.

Cite this section

Section 18, DEFENCE RESEARCH AND DEVELOPMENT BUREAU ACT, 2022 (2022).

https://repo.podus.ai/laws/defence-research-and-development-bureau-act-2022/section/18/