NIGERIA NATURAL MEDICINE DEVELOPMENT AGENCY (ESTABLISHMENT) ACT, 2019.

Section 12: Fund of the Agency.

2019Section 12 of 33Federal Republic of Nigeria

1 There is established for the Agency a fund (in this Act referred to as "the Fund") from which shall be defrayed all expenditure incurred by the Agency.


2 There shall be paid and credited to the Fund:
a any allocation to the Agency from the Consolidated Revenue Fund of the Federation;
b any subvention or money as may be granted or lent to the Agency by the Federal, State or a Local Government;
c special grant of 0.1% of import duties collected on all imported herbal therapies and devices;
d contributions from the organized private sector, donor agencies, non-governmental organisations (NGO) and international organisations;
e money accruing from fees, awards and charges for services rendered by the Agency;
f all money raised for purposes of the Agency by way of gifts, grants, testamentary disposition or otherwise;
g such other money or assets as may accrue to the Agency.

Cite this section

Section 12, NIGERIA NATURAL MEDICINE DEVELOPMENT AGENCY (ESTABLISHMENT) ACT, 2019. (2019).

https://repo.podus.ai/laws/nigeria-natural-medicine-development-agency-establishment-act-2019/section/12/