Section 3 Electoral Act

Section 3 Electoral Act 2022 is about Establishment of the Independent National Electoral Commission Fund. It is under Part I (Establishment and Functions of Independent National Electoral Commission) of the Act.

(1) There is established the Independent National Electoral Commission Fund (in this Act referred to as “the Fund”).

(2) There shall be paid into the Fund—
(a) such sums and payments received from the Federal Government available to the Commission for the performance of its functions under this Act ;
(b) such sums as may be credited to the Fund by way of interest from investments made from the Fund ; and
(c) aids, grants or any other accruals to the Commission in order to perform its functions.

(3) The election funds due to the Commission for any general elections are to be released to the Commission not later than one year before the next general election.

(4) Disbursements from the Fund shall be made in accordance with rules set out by the Commission.