NATIONAL HUMAN RIGHTS COMMISSION ACT

Section 14: Borrowing powers, etc.(As amended by the National Human Rights Commission(Amendment)Act,2010

1995Section 14 of 23Federal Republic of Nigeria

(1) The Commission may borrow by way of loan or overdrafts from any source such specific amount as may be required by the Commission for meeting its obligations and discharging its functions under this Act.
(2) The Commission, may subject to this Act and the conditions of any trust created in respect of any property, invest all or any of its funds.
(3) The Commission may, from time to time, invest any surplus funds of the Commission in securities prescribed by the Trustee Investments Act or such other securities.
(4) Subject to the provisions of the Land Use Act, the Commission may acquire or lease any land required for its purpose under this Act."

Cite this section

Section 14, NATIONAL HUMAN RIGHTS COMMISSION ACT (1995).

https://repo.podus.ai/laws/national-human-rights-commission-act/section/14/