Section 22: Exemption from tax
(1) The Authority shall be exempted from the payment of income tax on any income accruing from investments made by the Authority or otherwise howsoever.
(2) The provisions of any enactment relating to the taxation of companies or trust funds shall not apply to the Authority.
Cite this section
Section 22, NIGERIAN PORTS AUTHORITY ACT (1999).
https://repo.podus.ai/laws/nigerian-ports-authority-act/section/22/