Section 46: Reciprocal agreements

(1)
The President may enter into a reciprocal agreement with the Government of any other territory in which a fund or scheme similar to the Fund has been established in that other territory and there may be included in the agreement provision-
(a)
that any period of membership of such a fund or scheme in the territory of that Government may be treated as a period of membership of the Fund and vice versa; and
(b)
amount standing to the credit of a member of the Fund who works for any employer in the territory of that government may be transferred to his credit in such fund or scheme, and any amount standing to the credit in such fund or scheme of any person who becomes a member of the Fund may be transferred to his credit in the Fund.
(2)
Any reciprocal agreement made under this section may modify, adapt or amend the provisions of this Act to give effect to the agreement and when made shall be laid before both Houses of the National Assembly within three sitting days after the commencement of the next ensuing session and; if either House of the National Assembly passes a resolution within seven sitting days after the laying, disallowing the agreement, the agreement shall be void, but without prejudice to the validity of anything previously done thereunder.
(3)
If a reciprocal agreement made under this section is not disallowed, it shall be published in the Federal Gazette and come into force on the date of such publication or on such later date as may be provided in the agreement.