FEDERAL ROAD SAFETY COMMISSION ACT

Section 8: Funds and resources of the Commission.

2007Section 8 of 31Federal Republic of Nigeria

(1) The Funds of the Commission shall consist of-
(a) such funds as budgetary allocations, trust funds, subventions, grants-in-aid and loans as may, from time to time, be made by the Federal Government;
(b) such sums or property which may, from time to time by way of loans or grants and gifts accrue to the Commission from any other Government, non-governmental bodies or individuals; and
(c) other monies received by the Commission which may in any way, become payable to or vested in the Commission by way of gifts, grants-in-aid and testamentary disposition.
(2) All monies received by or on behalf of the Commission shall be receipted and shall be paid into the Government Treasury within 24 hours of receipt or the next working day.

Cite this section

Section 8, FEDERAL ROAD SAFETY COMMISSION ACT (2007).

https://repo.podus.ai/laws/federal-road-safety-commission-act/section/8/