NIGERIAN MINERALS AND MINING ACT
Section 32: Annual Capital Cost Indexation.
An annual capital cost indexation, whereby the unclaimed balance of capital costs is increased yearly by five percent, shall apply to mines starting production within five years from the date of enactment of this Act.
Cite this section
Section 32, NIGERIAN MINERALS AND MINING ACT (2007).
https://repo.podus.ai/laws/nigerian-minerals-and-mining-act/section/32/