INVESTMENTS AND SECURITIES ACT

Section 290: Powers and procedures of the Tribunal.

2007Section 290 of 316Federal Republic of Nigeria

(1) The Tribunal may make rules regulating its procedures.
(2) The Tribunal shall have, for the purposes of discharging its functions under this Act, power to:
(a) summon and enforce the attendance of any person and examine him on oath;
(b) require the discovery and production of documents;
(c) receive evidence on affidavits;
(d) call for the examination of witness or documents;
(e) review its decisions;
(f) dismiss an application for default or deciding matters ex-parte;
(g) set aside any order or dismissal of any application for default or any order made by it ex-parte; and
(h) do anything which in the opinion of the Tribunal is incidental or ancillary to its functions under this Act.
(3) Any proceeding before the Tribunal shall be deemed to be a judicial proceeding and the Tribunal shall be deemed to be a civil court for all purposes.
(4) Proceedings of the Tribunal may be held in camera as and when deemed appropriate in the interest of the public.

Cite this section

Section 290, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/290/