INVESTMENTS AND SECURITIES ACT

Section 23: Penalities, fees, etc. to be retained and utilized by the Commission.

2007Section 23 of 316Federal Republic of Nigeria

The Commission is entitled to charge, retain and utilise for its purposes:(a) penalties imposed for violation of this Act and the rules and regulations made thereunder; and
(b) fees collected for the services rendered by the Commission under this Act, including recovery of costs of administrative proceedings.

Cite this section

Section 23, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/23/