NIGERIAN CHILDREN'S TRUST FUND ACT

Section 9: Accounts.

1990Section 9 of 12Federal Republic of Nigeria

(1) The Board shall keep proper accounts in respect of monies forming part of the Fund and proper records in relation thereto.
(2) The Board shall open and operate such bank accounts in the Central Bank of Nigeria or any of its branches or such other bank as the Board may, from time to time, determine.
(3) For the purpose of the withdrawal of funds from any bank account of the Fund, the Secretary/Treasurer and any other member authorised by the Board in that behalf, shall be the signatories and such withdrawals shall be regulated in such manner as the Board may, from time to time, determine.
(4) The accounts of the Fund for each year shall be audited within six months after the end of that year.

Cite this section

Section 9, NIGERIAN CHILDREN'S TRUST FUND ACT (1990).

https://repo.podus.ai/laws/nigerian-children-s-trust-fund-act/section/9/