INVESTMENTS AND SECURITIES ACT

Section 30: Revocation of certificate of a securities exchange or capital trade point.

2007Section 30 of 316Federal Republic of Nigeria

(1) The Commission may by order revoke the certificate of registration granted under section 29 of this Act, if:
(a) the body corporate ceases to operate as a securities exchange or capital trade point within the meaning of this Act;
(b) the body corporate is wound up ; or
(c) the body corporate is operating in a manner detrimental to the interests of investors and the public.
(2) No order of revocation under this section shall be made unless the body corporate has been given the opportunity of being heard.

Cite this section

Section 30, INVESTMENTS AND SECURITIES ACT (2007).

https://repo.podus.ai/laws/investments-and-securities-act/section/30/