DEFENCE SPACE ADMINISTRATION ACT

Section 16: Establishment, etc. of the Defence Space Developmerrt Fund.

2016Section 16 of 27Federal Republic of Nigeria

(1) There is established a fund, which shall be known as the Defence Space Fund (in this Act referred to as "the Fund").
(2) There shall be paid and credited into the Fund established under subsection (1) of this section-
(a) grants-in-aid and assistance from bilateral and multilateral agencies;
(b) all other sums accruing to the Fund by way of gifts, endowments, bequest or other voluntary contributions by persons and organisations:
Provided that the terms and conditions attached to such gifts, endowments, bequest or contributions will not jeopardize the functions of the Administration;
(c) such monies as may be appropriated for the Fund by the National Assembly: and
(d) foreign aids and assistance from bilateral and multilateral agencies.

Cite this section

Section 16, DEFENCE SPACE ADMINISTRATION ACT (2016).

https://repo.podus.ai/laws/defence-space-administration-act/section/16/