NIGERIAN INSTITUTE OF TRANSPORT TECHNOLOGY ACT

Section 10: Establishment of fund of the Institute

1986Section 10 of 18Federal Republic of Nigeria

(1) The Institute shall establish and maintain a fund which shall be applied towards the promotion of the objectives specified in this Act.
(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section-
(a) such sums as may be provided by the Government of the Federation for payment into the fund;
(b) any fees charged for services rendered by the Institute; and
(c) all other sums accruing to the Institute by way of gifts, testamentary disposition and endowments or contributions from philanthropic persons or organisations or otherwise howsoever.

Cite this section

Section 10, NIGERIAN INSTITUTE OF TRANSPORT TECHNOLOGY ACT (1986).

https://repo.podus.ai/laws/nigerian-institute-of-transport-technology-act/section/10/