NIGERIAN ENTERPRISES PROMOTION (ISSUE OF NON-VOTING EQUITY SHARES) ACT

Section 3: Establishment and composition of the Implementation Committee

1989Section 3 of 16Federal Republic of Nigeria

(1) There is hereby established a committee to be known as the Nigerian Enterprises Promotion (Issue of Non-Voting Equity Shares) Implementation Committee (hereinafter in this Act referred to as "the Committee").
(2) The Committee shall consist of a Chairman who shall be the Director-General of the Exchange and the following other members, that is-
(a) one person to represent the Securities and Exchange Commission;
(b) one person to represent the Federal Ministry of Finance and Economic Development;
(c) one person to represent the Federal Ministry of Trade and Tourism;
(d) one person to represent the Manufacturers Association of Nigeria;
(e) one person to represent the Presidency;
(f) one person to represent the Central Bank of Nigeria;
(g) the General Manager of the Nigerian Stock Exchange;
(h) one person to represent the Ministry of Industries.
(3) A senior manager in the Central Bank of Nigeria shall be the Secretary to the Committee.

Cite this section

Section 3, NIGERIAN ENTERPRISES PROMOTION (ISSUE OF NON-VOTING EQUITY SHARES) ACT (1989).

https://repo.podus.ai/laws/nigerian-enterprises-promotion-issue-of-non-voting-equity-shares-act/section/3/