INVESTMENTS AND SECURITIES ACT

Section 19: Funds of the Commission.

2007Section 19 of 316Federal Republic of Nigeria

(1) The Commission shall establish and maintain a fund (in this Act referred to as "the Fund") into which shall be paid the following:
(a) funds provided to the Commission by the Federal Government;
(b) penalties, fees, charges and administrative cost of proceedings; and
(c) monetary gifts, contributions and other funds that may be received by the Commission.
(2) The Commission shall maintain and operate bank accounts for funds as approved by the Board of the Commission.

Cite this section

Section 19, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/19/