NATIONAL PRODUCTIVITY CENTRE ACT

Section 10: Establishment of the fund of the Centre

1987Section 10 of 18Federal Republic of Nigeria

(1) The Centre shall establish and maintain a fund, which shall be applied towards the promotion of the objectives of the Centre specified in this Act.
(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section-
(a) such sums as may be provided by the Government of the Federation for payment into the fund;
(b) all subscriptions and fees charged for services rendered by the Centre;
(c) subject to section 8 (2) of this Act, all sums accruing to the Centre by way of gifts, testamentary dispositions, endowments or contributions from philanthropic persons or organisations or otherwise howsoever; and
(d) all moneys raised by the Centre by way of loan or overdraft in accordance with section 9 of this Act.

Cite this section

Section 10, NATIONAL PRODUCTIVITY CENTRE ACT (1987).

https://repo.podus.ai/laws/national-productivity-centre-act/section/10/