Section 4: Rectification of certain registers

(1) The Secretary to the Government of the Federation shall cause a copy of this Act to be served on the secretary or other officer or agent of the company having charge of, or control over the register of members of the company and the secretary or other officer or agent aforesaid shall strike out the name of the holder of any share to which section 1 of this Act relates and substitute therefor the name of the Federal Republic of Nigeria.
(2) The Secretary to the Government of the Federation shall also cause a copy of this Act to be served upon the Registrar-General of the Corporate Affairs Commission who shall cause his records relating to the names of the members of the company to be rectified accordingly.