LOCAL LOANS (REGISTERED STOCK AND SECURITIES) ACT

Section 21: Payments.

1946Section 21 of 43Federal Republic of Nigeria

All payments of interest and all payments of the principal amount due on any registered stock or securities shall be made at the Central Bank in Lagos:
[1976 No. 32.]
Provided that the Central Bank or any person authorised by the Central Bank in that behalf may pay any such interest or principal amount at any other place, whether within or without Nigeria, in pursuance of any arrangement which the Central Bank may make for that purpose.

Cite this section

Section 21, LOCAL LOANS (REGISTERED STOCK AND SECURITIES) ACT (1946).

https://repo.podus.ai/laws/local-loans-registered-stock-and-securities-act/section/21/