INVESTMENTS AND SECURITIES ACT

Section 225: Loans to be charged upon revenue.

2007Section 225 of 316Federal Republic of Nigeria

The principal monies and interest represented or secured by any registered bond or securities issued under this Act shall be charged on and payable out of the general revenue and assets of the body concerned and of the assets of the appropriate authority or project which is the beneficiary of the proceeds of the loan.

Cite this section

Section 225, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/225/