GOVERNMENT PROMISSORY NOTES ACT

Section 16: Expenses to be paid out of sinking fund.

1960Section 16 of 23Federal Republic of Nigeria

There shall be paid out of any sinking fund established under section 12 of this Act, expenses specifically incurred in, or incidental to, the investment and management of that fund and the repayment of the loan in respect of which it was established.

Cite this section

Section 16, GOVERNMENT PROMISSORY NOTES ACT (1960).

https://repo.podus.ai/laws/government-promissory-notes-act/section/16/