Section 245: Matrix for distribution of trust fund.
2021Section 245 of 320•Federal Republic of Nigeria
1 The settlor shall provide to the Board of Trustees a matrix for distribution of the trust fund to the host communities.
2 The Board of Trustees shall utilise the matrix provided under subsection (1) for distribution of the funds in the host communities development trust fund to each of its host communities.
Cite this section
Section 245, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/245/