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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 126 of the 1999 Constitution of Nigeria (Updated)

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