Section 45: Lending financial institutions.
2007Section 45 of 57•Federal Republic of Nigeria
(1) All banks and financial institutions shall request and obtain proof of compliance with the provisions of this Part before lending to any Government in the Federation.
(2) Lending by banks and financial institutions in contravention of this Part shall be unlawful.
Cite this section
Section 45, FISCAL RESPONSIBILITY ACT (2007).
https://repo.podus.ai/laws/fiscal-responsibility-act/section/45/