INVESTMENTS AND SECURITIES ACT

Section 269: Power to make rules and regulations under this part.

2007Section 269 of 316Federal Republic of Nigeria

(1) The Commission may make such rules and regulations generally for the purpose of giving effect to the provisions of this part of this Act and the rules and the regulations may include:
(a) the manner in which payment of interest in respect of bonds or securities is to be made and acknowledged;
(b) the circumstance in which promissory notes shall be renewed before further payment of interest thereon may be claimed;
(c) the issue of duplicate bond certificates and duplicate securities;
(d) the renewal of bond certificates and securities;
(e) the manner of payment of interest to joint holders of bond or securities;
(f) the circumstances in which alterations may be made in the registration of bond or securities;
(g) the payment of principal sums or interest and transfer of bond and securities in the case of persons under a legal disability;
(h) the disposal of unclaimed interest;
(i) the fees to be paid in respect of anything to be issued or done under the provisions of this part of this Act; and
(j) all matters required by this part of this Act to be prescribed and all matters incidental to or connected with the matters hereinbefore enumerated.

Cite this section

Section 269, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/269/