NATIONAL CENTRE FOR ECONOMIC MANAGEMENT AND ADMINISTRATION ACT
Section 8: Financial provisions.
(1) The Council shall establish and maintain a fund from which shall be defrayed all expenditures incurred by the Centre.
(2) There shall be paid or credited to the fund established pursuant to subsection (1) of this section-
(a) such sums as may be provided by the Federal Government or a State Government for payment into the fund;
(b) all subscriptions, fees and charges for services rendered by the Centre; and
(c) subject to subsection (3) of this section, all sums accruing to the Centre by way of gifts testamentary disposition and endowments or contributions from philanthropic persons or organisations or otherwise howsoever.
(3) The Centre may, within and outside Nigeria, accept gifts of land, money or other property upon such terms and conditions, if any, as may be specified by the person or organisation making the gift:
Provided, however, that the Centre shall not accept any gift if the conditions attached by the person or organisation making the gift, to the acceptance thereof, are considered inconsistent with the functions of the Centre or its position as a non-partisan Centre, free from any undue external influence.
Cite this section
Section 8, NATIONAL CENTRE FOR ECONOMIC MANAGEMENT AND ADMINISTRATION ACT (1986).
https://repo.podus.ai/laws/national-centre-for-economic-management-and-administration-act/section/8/