THE NIGERIA POLICE TRUST FUND (ESTABLISHMENT) ACT, 2019
Section 4: Sources of the Trust Fund.
(1) The Trust Fund shall consist of-
(a) an amount constituting 0.5% of the total revenue accruing to the Federation Account;
(b) a levy of 0.005% of the net profit of companies operating business in Nigeria;
(c) any take-off grant and special intervention fund as may be provided by the Federal, State and Local Government of the Federation;
(d) such money as may be appropriated to meet the objective of this Act by the National Assembly in the budget;
(e) aids, grants and assistance from international bilateral and multilateral agencies, non-governmental organisations and the private sector;
(f) grants, donations, endowments, bequests and gifts, whether of money, land or any other property from any source;
(g) money derived from investment made by the Trust Fund.
(2) Subsection (1)(e) and (f) shall be acceptable to the Trust Fund except where the terms and conditions attached to an aid, grant, donation or gift are inconsistent with the objective of the Trust Fund and the provisions of this Act.
Cite this section
Section 4, THE NIGERIA POLICE TRUST FUND (ESTABLISHMENT) ACT, 2019 (2019).
https://repo.podus.ai/laws/the-nigeria-police-trust-fund-establishment-act-2019/section/4/