NIGERIAN CHILDREN'S TRUST FUND ACT

Section 2: Establishment of the Board of Trustees, etc.

1990Section 2 of 12Federal Republic of Nigeria

(1) The Fund shall be managed by the National Advisory Council of the National Commission for Women and which for the purposes of this Act shall-
(a) constitute the Board of Trustees of the Fund (in this Act referred to as "the Board");
(b) be a body corporate with perpetual succession and a common seal; and
(c) may sue and be sued in its corporate name.
(2) Members of the Board (who are not members by virtue of their office) shall each hold office for a period of three years only.
(3) The Board shall meet not less than four times in a year and on such other occasions as the Board may consider necessary.
(4) The quorum of the Board shall be seven.
(5) At any meeting of the Board, the chairman shall preside, but if he is absent, the members present at the meeting shall appoint one of their number to preside at the meeting.
(6) The Board may appoint one or more committees to carry out on behalf of the Board such of its functions as the Board may determine.
(7) The Board may co-opt persons who are not members of the Board or any committee thereof and such persons may take part in the deliberations of the Board or any committee thereof, but shall not vote or count towards the quorum of the Board or a committee at any meeting of the Board or the committee concerned.
(8) Subject to the provisions of section 27 of the Interpretation Act, the Board may make standing orders regulating its proceedings or the proceedings of any committee thereof.
(9) The administrative expenses of the Board shall be borne by the National Commission for Women, until such time as the Fund is able to bear such expenses from its own resources.

Cite this section

Section 2, NIGERIAN CHILDREN'S TRUST FUND ACT (1990).

https://repo.podus.ai/laws/nigerian-children-s-trust-fund-act/section/2/