FEDERAL INLAND REVENUE SERVICE (ESTABLISHMENT) ACT

Section 16: Expenditure of the Service.

2007Section 16 of 70Federal Republic of Nigeria

The service shall defray from the Fund established pursuant to section 15 of this Act all the amounts payable under or in pursuance of this Act being sums representing-(a) emoluments and allowances payable to the Executive Chairman and other members of the Board ;
(b) reimbursements to members of the Board or any committee set up by the Board for such expenses as may be expressly authorized by the Service ;
(c) remunerations and other costs of employment of the staff of the Service ;
(d) amounts payable as pensions and other retirement benefits under or pursuant to this Act or any other enactment ;
(e) costs of acquisition and upkeep of premises belonging to the Service and any other capital expenditure of the Service ;
(f) investments, maintenance of utilities, staff promotion, training, research and similar activities ;
(g) costs necessary for the day-to-day operations of the Service ;
(h) all sums of money accruing to the Service by way of grants-in-aids, gifts, testamentary dispositions, endowments and contributions from any other source ; and
(i) any other payment for anything incidental to the foregoing provisions or in connection with or incidental to any other function of the Service under or pursuant to this Act.

Cite this section

Section 16, FEDERAL INLAND REVENUE SERVICE (ESTABLISHMENT) ACT (2007).

https://repo.podus.ai/laws/federal-inland-revenue-service-establishment-act/section/16/