VENTURE CAPITAL (INCENTIVES) ACT

Section 3: Qualifying investment by a venture capital company.

1993Section 3 of 7Federal Republic of Nigeria

For a venture capital company to qualify for the incentives specified in section 4 of this Act its investment in the venture project shall not be less than 25 per cent of the total capital required for the venture project.

Cite this section

Section 3, VENTURE CAPITAL (INCENTIVES) ACT (1993).

https://repo.podus.ai/laws/venture-capital-incentives-act/section/3/