Section 33 Nigerian Electricity Act 2023
Section 33 Electricity Act 2023 Section 33 of the Electricity Act 2023 is about Establishment of the Nigerian Electricity Regulatory Commission. It is under Part V (Establishment, Functions and Powers of the Nigerian Electricity Regulatory Commission) of the Act. (1) There is established the Nigerian Electricity Regulatory Commission (in this Act, referred to as “the […]
Section 32 Nigerian Electricity Act 2023
Section 32 Electricity Act 2023 Section 32 of the Electricity Act 2023 is about Protection of land belonging to the ISO. It is under Part IV (Incorporation and Licensing of ISO) of the Act. (1) Subject to the provision of the Land Use Act, land vested in the ISO shall not be liable to be […]
Section 31 Nigerian Electricity Act 2023
Section 31 Electricity Act 2023 Section 31 of the Electricity Act 2023 is about Term of office of members of the Board. It is under Part IV (Incorporation and Licensing of ISO) of the Act. The Commission shalt cerise the incorporation document of the ISO to include the following — (a) an executive member of […]
Section 30 Nigerian Electricity Act 2023
Section 30 Electricity Act 2023 Section 30 of the Electricity Act 2023 is about Composition and appointment of the Board of the ISO. It is under Part IV (Incorporation and Licensing of ISO) of the Act. (1) The ISO shall be subject to the National Code of Corporate Governance. (2) The Commission shall cause the […]
Section 29 Nigerian Electricity Act 2023
Section 29 Electricity Act 2023 Section 29 of the Electricity Act 2023 is about Exemption from step duty or other charges. It is under Part IV (Incorporation and Licensing of ISO) of the Act. (1) Stamp duty shall not be chargeable under the Stamp Duties Act in respect of any transfer made or transaction entered […]
Section 28 Nigerian Electricity Act 2023
Section 28 Electricity Act 2023 Section 28 of the Electricity Act 2023 is about Transfer of employzes to the ISO. It is under Part IV (Incorporation and Licensing of ISO) of the Act. (1) Any employee of the TCN transferred to the ISO under the provisions of this Act shall be transferred to the service […]
Section 27 Nigerian Electricity Act 2023
Section 27 Electricity Act 2023 Section 27 of the Electricity Act 2023 is about Directions to the TCN on matters related to transition. It is under Part IV (Incorporation and Licensing of ISO) of the Act. Prior to the vesting of assets and liabilities of the TCN in the ISO, the Commission shall give the […]
Section 26 Nigerian Electricity Act 2023
Section 26 Electricity Act 2023 Section 26 of the Electricity Act 2023 is about Further order amending a transfer order. It is under Part IV (Incorporation and Licensing of ISO) of the Act. The Commission may, at any time within one year after making a transfer order, make a further order amending the transfer order […]
Section 25 Nigerian Electricity Act 2023
Section 25 Electricity Act 2023 Section 25 of the Electricity Act 2023 is about Provision of records to the ISO. It is under Part IV (Incorporation and Licensing of ISO) of the Act. The TCN shall provide the ISO with all records or copies of records, that are in its custody or control and that […]
Section 24 Nigerian Electricity Act 2023
Section 24 Electricity Act 2023 Section 24 of the Electricity Act 2023 is about Guarantee or surety. It is under Part IV (Incorporation and Licensing of ISO) of the Act. Any guarantee or surety which was given or made by the TCN on any other person in respect of any debt or obligation of the […]