NATIONAL PROVIDENT FUND ACT

Section 8: National Provident Fund Advisory Council.

1961Section 8 of 46Federal Republic of Nigeria

(1) There shall be for the purposes of this Act an Advisory Council to be called the National Provident Fund Advisory Council and the provisions of the First Schedule to this Act shall have effect as respects the constitution of the Advisory Council and its proceedings.
(2) The Secretary to the Advisory Council shall be a member of the staff of the Fund appointed by the Minister.
(3)
The members of the Advisory Council shall be paid out of the Fund such expenses and allowances as the Minister of Finance and Economic Development may from time to time, approve.
(4)
The Advisory Council shall consider all matters from time to time referred to it, by the Minister, but the Minister shall not be bound to follow the advice given by the Advisory Council; and for the purposes of this subsection the Minister shall furnish to the Advisory Council such information as in the opinion of the Minister is reasonably necessary from time to time to assist the Advisory Council in its deliberations.

Cite this section

Section 8, NATIONAL PROVIDENT FUND ACT (1961).

https://repo.podus.ai/laws/national-provident-fund-act/section/8/