GENERAL LOAN AND STOCK ACT

Section 5: Borrowing upon debentures.

1916Section 5 of 41Federal Republic of Nigeria

When the President shall deem it expedient to raise money by debentures, such debentures shall be issued in the United Kingdom on behalf of the Government of the Federation by its agents, upon the best and most favourable terms that can be obtained, and shall be signed by any one of them on that behalf.

Cite this section

Section 5, GENERAL LOAN AND STOCK ACT (1916).

https://repo.podus.ai/laws/general-loan-and-stock-act/section/5/