Section 8: Utilisation of loan by mortgage institutions
1992Section 8 of 27•Federal Republic of Nigeria
A mortgage institution registered under the Mortgage Institutions Act (in this Act referred to as "mortgage institution") shall utilise the proceeds from the Fund to finance mortgage lending in accordance with the provisions of this Act and the Mortgage Institutions Act.
[Cap. M19.]
Cite this section
Section 8, NATIONAL HOUSING FUND ACT (1992).
https://repo.podus.ai/laws/national-housing-fund-act/section/8/