STANDARDS ORGANISATION OF NIGERIA

Section 15: Fund of the Organisation.

2015Section 15 of 52Federal Republic of Nigeria

(1) The Organisation shall maintain a fund from which shall be defrayed all expenditure incured by the Organization for the purposes of this Act.
(2) There shall be paid or credited to the Fund of the Organisation-
(a) fees and penalties charged for services by the Organisation ;
(b) all sums accruing to the Organisation by way of gifts, endowment or other voluntary contribution by persons or organisations ;
(c) foreign aid and assistance from bilateral agencies ; and
(d) subventions and extra budgetary allocations from the Federal Government.

Cite this section

Section 15, STANDARDS ORGANISATION OF NIGERIA (2015).

https://repo.podus.ai/laws/standards-organisation-of-nigeria/section/15/