Home » Nigeria » Section 35 EFCC Act 2004: Funds of the Commission

Section 35 EFCC Act 2004: Funds of the Commission

Section 35 EFCC Act 2004

Section 35 of the EFCC Act 2004 is about Funds of the Commission.

(1) The Commission shall establish and maintain a fund from which shall be defrayed all expenditure reasonably incurred by the Commission for the execution of its functions under this Act.

(2) There shall be paid and credited to the fund established pursuant to subsection (1) of this section, such monies as may in each year be approved by the Federal Government for the purpose of the Commission.

(3) The Commission may accept gifts of land, money or other property (whether within or outside Nigeria) upon such terms and conditions, if any, as may be specified by the person or organization making the gift provided that the terms and conditions are not contrary to the objectives and functions of the Commission under this Act.

See also  Section 24 EFCC Act 2004: Property subject to forfeiture

More Posts

7 U.S. Code § 136o: Imports and exports

7 U.S. Code § 136o 7 U.S. Code § 136o is about Imports and exports. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental

7 U.S. Code § 136m: Indemnities

7 U.S. Code § 136m 7 U.S. Code § 136m is about Indemnities. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental Pesticide Control)

7 U.S. Code § 136l: Penalties

7 U.S. Code § 136l 7 U.S. Code § 136l is about Penalties. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental Pesticide Control)

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others