Section 9: Transfer of certain liabilities
The Corporation shall accept all liabilities of the Nigerian Government Collieries as disclosed in the balance sheet of the said Collieries made up to the close of business on the day immediately preceding the vesting day.
Cite this section
Section 9, NIGERIAN COAL CORPORATION ACT (1950).
https://repo.podus.ai/laws/nigerian-coal-corporation-act/section/9/