FOREIGN EXCHANGE (MONITORING AND MISCELLANEOUS PROVISIONS) ACT

Section 7: Transactions in the Market

1995Section 7 of 42Federal Republic of Nigeria

(1) Transactions in the Market shall be as in the inter-bank system, that is, between-
(a) the public and Authorised Dealers appointed under this Act;
(b) the Authorised Dealers appointed under this Act; and
(c) the Authorised Dealers and Authorised Buyers appointed under this Act
(2) Transactions in the Market shall be as prescribed, from time to time, by the Central Bank.

Cite this section

Section 7, FOREIGN EXCHANGE (MONITORING AND MISCELLANEOUS PROVISIONS) ACT (1995).

https://repo.podus.ai/laws/foreign-exchange-monitoring-and-miscellaneous-provisions-act/section/7/