Section 2 Mortgage and Property Law of Lagos State

Section 2 of the Mortgage and Property Law of Lagos State 2010 is about Composition of the Board. It provides as follows:

(1) The Board shall consist of seven (7) members to be appointed by the Governor.

(2) The members of the Board shall be-
(a) a Chairman with a professional qualification in financial or real estate management and at least fifteen (15) years cognate experience;

(b) the General Manager who is also the Chief Executive Officer:

(c) the Deputy General Manager (mortgage operations):

(d) the Deputy General Manager (shared services);

(e) a representative from the Ministry of Housing not less than an Assistant Director:
(f) a representative from the Ministry of Finance not less than
an Assistant Director; and

(g) one (1) person from the public or private sector who shall he a
Director in the Agency.

(3) All appointments to the Board except those of the ex-officio members are
subject to the confirmation of the House of Assembly.

[/membership]