Section 165 Federal Competition and Consumer Protection Act 2018
Section 165 of the Federal Competition and Consumer Protection Act 2018 is about Repeals and savings. It is under Part XVIII (Miscellaneous Provisions) of the Act.
(1) The Consumer Protection Council Act, Cap. C25, Laws of the Federation of Nigeria, 2004, sections 118, 119, 120, 121, 122, 123, 124, 125, 126, 127 and 128 of the Investments and Securities Act, Cap. 124, Laws of the Federation of Nigeria, 2004 are repealed.
(2) Without prejudice to section 6 of the Interpretation Act, the repeal of the Act specified in subsection (1), shall not affect anything done under or pursuant to the Act.
(3) There shall be vested in the Commission all assets, funds, resources and other immovable property which before the commencement of this Act, were vested in the Consumer Protection Council established under the repealed Act.
(4) All rights, interest, obligations and liabilities of the Consumer Protection Council under the repealed enactment in place before the commencement of this Act under any contract or instrument, or in law or equity shall, by virtue to this Act, be assigned to and vested in the Commission established under this Act.
(5) Any contract or instrument referred to in subsection ( 4 ), shall be of the same force and effect against or in favour of the Commission established under this Act and shall be enforceable as fully and effectively as if, instead of the Consumer Protection Council under the repealed Act, the Commission established under this Act had been named or had been a party.
(6) The Commission established under this Act shall be subject to all obligations and liabilities to which the Consumer Protection Council under the repealed Act was subject to before the commencement of this Act.
(7) Any proceeding or course of action pending or existing before the commencement of this Act against the Consumer Protection Council under the repealed Act in respect of any right, interest, obligation or liability of the
Consumer Protection Council under the repealed Act may be continued, or as the case may require, be commenced and the determination of any court of law or other authority or person may be enforced by or against the Commission established by this Act to the same extent that such course of action or determination might have continued, or enforced by or against the Consumer Protection Council under the repealed Act.
(8) Any regulation, order, bye-law or notice made or issued or deemed to be made or issued by, or for the purposes, of the Consumer Protection Council under the repealed Act existing before the commencement of this Act shall be deemed to have been made or issued by or for the purposes of the Commission established under this Act and shall continue in force until revoked or amended, subject to such modifications as may be applicable to the Commission established under this Act.
(9) As from the commencement of this Act, any disciplinary proceeding pending or existing against any staff or employee of the Consumer Protection Council shall be continued and completed by the Commission established under this Act.
