NIGERIA CUSTOMS SERVICE ACT, 2023

Section 101: Additional or replacement guarantee

2023Section 101 of 283Federal Republic of Nigeria

When the Service establishes that a guarantee provided does not adequately ensure payment of the amount guaranteed within the prescribed period, it shall require the persons responsible for the guarantee to provide an additional guarantee covering any additional liability or to replace the original guarantee with a new guarantee, provided all such guarantees are duly confirmed.

Cite this section

Section 101, NIGERIA CUSTOMS SERVICE ACT, 2023 (2023).

https://repo.podus.ai/laws/nigeria-customs-service-act-2023/section/101/