Section 23: Restriction on disposal of land by University.

Without prejudice to the provisions of the Land Use Act, the University shall not dispose of or charge any land or an interest in any land, including any land transferred to the University by this Act, except with the prior written consent, either general or special, of the Visitor:

Provided that such consent shall not be required, in the case of any lease or tenancy, at a rack-rent for a term not exceeding 21 years of any lease or tenancy to a member of the University for residential purpose.

[Cap. L5, LFN, 2004.]