PETROLEUM (SPECIAL) TRUST FUND ACT

Section 18: Exemption from tax.

1993Section 18 of 25Federal Republic of Nigeria

(1) The Board shall be exempted from the payment of income tax on any income accruing from investments made by the Board or otherwise howsoever.
(2) The provisions of any enactment relating to the taxation of companies or trust funds shall not apply to the Board or the Fund.

Cite this section

Section 18, PETROLEUM (SPECIAL) TRUST FUND ACT (1993).

https://repo.podus.ai/laws/petroleum-special-trust-fund-act/section/18/