FEDERAL GOVERNMENT STAFF HOUSING BOARD ACT

Section 7: Persons eligible to receive advances

1972Section 7 of 14Federal Republic of Nigeria

(1) Subject to subsection (2) of this section, a person shall be eligible to receive an advance from the Board under this Act if-
(a) he is a member of the public service of the Federation;
(b) he holds a pensionable office in such service or is a contributor to a provident fund; and
(c) he has been confirmed in the service.
(2) In the case where a person has previously obtained a housing loan from public funds, such a person shall be eligible to receive an advance from the Board if-
(a) he is in every other respect eligible for a loan under this Act; and
(b) the loan being applied for would be expended on the residential house in respect of which a loan was previously granted from the public funds; and
(c) the amount of the loan to be granted shall not be more than the difference between the present cost or value of the house (whichever is greater) and that person's current entitlement under this Act.
(3)
In this section, "public service of the Federation" means public service of the Federation within the meaning of the Constitution of the Federal Republic of Nigeria 1999 and includes-
[Cap C23.]
(a) service as a Justice of the Supreme Court, the Court of Appeal, the Federal High Court or any court established by a Federal enactment; and
(b) service in the Nigerian Army, the Nigerian Navy, the Nigerian Air Force, the Nigerian Police Force and the Nigerian Prison Service.

Cite this section

Section 7, FEDERAL GOVERNMENT STAFF HOUSING BOARD ACT (1972).

https://repo.podus.ai/laws/federal-government-staff-housing-board-act/section/7/