NIGERIA CUSTOMS SERVICE ACT, 2023

Section 141: Duration of stay of goods and closure of zone

2023Section 141 of 283Federal Republic of Nigeria

1 In exceptional circumstances as may be determined by the special economic zone authority, a limit may be imposed on the duration of stay of goods in a free zone.

2 In the event of the closure of a free zone, persons carrying on approved activities in the special economic zone shall be given six months notice from the date of closure of the special economic zone to remove their goods to another special economic zone or to place the goods under another customs procedure.

3 Goods not removed or placed under another customs procedure within the six months period provided in subsection (2) shall be forfeited.

4 The Service may extend the period referred to in subsection (3) where reasonable grounds exist for the extension.

Cite this section

Section 141, NIGERIA CUSTOMS SERVICE ACT, 2023 (2023).

https://repo.podus.ai/laws/nigeria-customs-service-act-2023/section/141/