NIGERIAN EDUCATION BANK ACT

Section 25: Restriction on execution against the property of the Bank.

1993Section 25 of 30Federal Republic of Nigeria

In an action or a suit against the Bank, no execution or attachment or process in the nature thereof shall be issued against the Bank, but a sum of money which may by the judgment of a Court be awarded against the Bank shall, subject to a direction given by the Court where notice of appeal has been given by the Bank in respect of the judgment, be paid by the Bank from the general reserve fund of the Bank.

Cite this section

Section 25, NIGERIAN EDUCATION BANK ACT (1993).

https://repo.podus.ai/laws/nigerian-education-bank-act/section/25/