Section 62: Repeal of Part 1 of Cap. 60 LFN 1990.

(1) Part 1 of the Companies Income Tax Act (in this Act referred to as "the repealed enactment") is repealed.
(2) The Federal Board of Inland Revenue established pursuant to the repealed enactment is dissolved.
(3) The repeal of the enactment specified in subsection (1) of this section shall not affect anything done or purported to have been done under the repealed enactment.