QUARRIES ACT

Section 9: Assignment of leases.

1970Section 9 of 42Federal Republic of Nigeria

(1) A right or interest under a lease shall not be assigned to any person by the holder thereof, except with the consent in writing of the Minister signified by endorsement on the instrument of assignment in Form D in the First Schedule to this Act, and every such instrument shall, for all purposes, be void without the said endorsement.
(2) The assignee of any right or interest under such lease shall be liable for all rents and obligations under this Act which may have accrued at the time of the assignment.
(3) Where an application has been made for a lease, the provisions of this section shall apply in respect of such application, and any consequential amendment for such purpose shall be made in the prescribed form. Upon such assignment being effected and approved in accordance with this section, the assignee shall be entitled to any rights which the assignor would otherwise have had under this Act.

Cite this section

Section 9, QUARRIES ACT (1970).

https://repo.podus.ai/laws/quarries-act/section/9/