NIGERIAN ACCOUNTING STANDARDS BOARD ACT
Section 19: Exemption from tax.
(1) The Board shall be exempted from the payment of income tax on any income accruing from investments made by the Council of the Board.
(2) The provisions of any enactment relating to the taxation of companies or trust funds shall not apply to the Board or the Council.
Cite this section
Section 19, NIGERIAN ACCOUNTING STANDARDS BOARD ACT (2003).
https://repo.podus.ai/laws/nigerian-accounting-standards-board-act/section/19/