INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ESTABLISHMENT, ETC.) ACT
Section 1: Conduct with Private Sector for the construction, maintenance of Federal Infrastructure, etc.
(1) As from the commencement of this Act, any Federal Government Ministry, Agency, Corporation or body involved in the financing, construction, operation or maintenance of infrastructure, by whatever name called, may enter into a contact with or grant concession to any duly pre-qualified project proponent in the private sector for the financing, construction, operation or maintenance of any infrastructure that is financially viable or any development facility of the Federal Government in accordance with the provisions of this Act.
(2) This Act applies to investment and development projects relating to any infrastructure of any Federal Government Ministry, Agency, Corporation or body.
Cite this section
Section 1, INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ESTABLISHMENT, ETC.) ACT (2005).
https://repo.podus.ai/laws/infrastructure-concession-regulatory-commission-establishment-etc-act/section/1/