INVESTMENTS AND SECURITIES ACT

Section 220: Penalty for contravention.

2007Section 220 of 316Federal Republic of Nigeria

Any securities exchange, capital trade point, director, official or employees of the securities exchange or the capital trade point, who contravenes any of the provisions of this part of this Act, shall be liable to a penalty of N1,000,000 and a further sum of N25,000 for every day during which the contravention continues.

Cite this section

Section 220, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/220/