NATIONAL PARK SERVICE ACT

Section 15: Power to borrow

1999Section 15 of 53Federal Republic of Nigeria

(1) The Service may, with the consent of the Minister or in accordance with the general guideline approved by the Minister, borrow by way of loan or overdraft from any authorised source any moneys required by the Service for meeting its obligations and discharging its functions under this Act.
(2) The Service may, without the consent or authority referred to in subsection (1) of this section, borrow by way of loan or overdraft, where the sum or the aggregate of the sums involved at anyone time does not exceed N5,000,000.

Cite this section

Section 15, NATIONAL PARK SERVICE ACT (1999).

https://repo.podus.ai/laws/national-park-service-act/section/15/