NIGERIAN RAILWAY CORPORATION ACT
Section 48: Regulations as to conditions of service
(1) The Corporation may make regulations, determining generally the conditions of service of servants of the Corporation and in particular, but without prejudice to the generality of the foregoing power, may make regulations relating to-
(a) the appointment, dismissal, discipline, hours of employment, pay and leave of such servants;
(b) appeals by such servants against dismissal or other disciplinary measures;
(c) the grant of pensions, gratuities and other benefits to such servants and their dependants, and to the dependants or estates of deceased servants of the Corporation;
(d) the establishment and maintenance of sick funds, superannuation funds and provident funds, the contributions payable thereto and the benefits receivable therefrom;
(e) the deduction from the salary or wages of such servants of money owed by them to the Corporation or the Government of the Federation in respect of-
(i) rent for quarters or other accommodation;
(ii) repayment of money lent, together with interest thereon;
(iii) payment for electricity or water supplied by the Corporation;
(f) the recovery from any such servant, otherwise than by way of deduction from the salary or wages of a servant who performs manual labour, of-
(i) monies of, or payable to the Corporation, which he has failed to account for or collect;
(ii) the value of the property of the Corporation, which he has caused to be damaged, lost or destroyed;
(iii) any expenditure incurred by the Corporation in discharging any liability in which he has involved the Corporation, to a third party.
(2) No regulations made by the Corporation in relation to any of the matters mentioned in paragraph (e) or (f) of subsection (1) of this section, shall be of any force or effect, unless they have been approved by the Minister.
(3)
The Corporation shall, as soon as may be, establish, in pursuance of the provisions of subsection (1) of this section, a pension scheme, which shall be such as to make it possible, in the opinion of the Federal Civil Service Commission, for the provisions of the Pensions Act; and no regulations establishing such pension scheme shall come into force, unless the Federal Civil Service Commission shall, by notice in the Gazette, having declared that such regulations comply with the provisions of this subsection.
[Cap. P4.]
(4) A pension scheme established under the foregoing provisions of this section shall apply in relation to such class or classes of servants of the Corporation as may be specified therein and nothing in those provisions shall be construed as preventing the Corporation from providing, by regulations made in pursuance of subsection (1) of this section, for the grant of-
(a) retirement benefits of any kind, in respect of servants of the Corporation, in relation to whom the said pension scheme does not apply; or
(b) any benefits additional to those provided by the said pension scheme, in respect of servants to whom the said pension scheme applies.
Cite this section
Section 48, NIGERIAN RAILWAY CORPORATION ACT (1955).
https://repo.podus.ai/laws/nigerian-railway-corporation-act/section/48/