NATIONAL EMERGENCY MANAGEMENT AGENCY (ESTABLISHMENT, ETC.) ACT
Section 13: Fund of the Agency.
(1) The Agency shall establish and maintain a fund from which shall be defrayed all expenditure incurred by the Agency.
(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section-
(a) any allocation to the Agency from the Federation Account;
(b)
20 per cent of the 2 per cent Ecological Fund for the management of ecologically related disasters;
(c) such monies as may, from time to time, be granted or lent to the Agency by the Federal Government or a State Government or a local government council;
(d) such money as may, from time to time, be granted or received from—
(i) the organised private sector;
(ii) international or donor organisations and non-Governmental organisations;
(e) all monies raised for the purposes of the Agency by way of gifts, loan, grants-in-aid, testamentary disposition or otherwise;
(f) such money as may be received from the National Emergency Trust Fund; and
(g) all other assets that may, from time to time, accrue to the Agency.
(3) The fund shall be managed in accordance with the rules made by the President and without prejudice to the generality of the power to make rules under this subsection, the rules shall in particular contain provisions-
(a) specifying the manner in which the assets or the fund of the Agency are to be held, and regulating the making of payments into and out of the fund; and
(b) requiring the keeping of proper accounts and records for the purpose of the fund in such form as may be specified in the rules.
Cite this section
Section 13, NATIONAL EMERGENCY MANAGEMENT AGENCY (ESTABLISHMENT, ETC.) ACT (1999).
https://repo.podus.ai/laws/national-emergency-management-agency-establishment-etc-act/section/13/