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Table of Contents

Section 1 — Establishment of the Fund, etc.
Section 2 — Establishment of the Board
Section 3 — Functions of the Board, etc.
Section 4 — Appointment of managing agent
Section 5 — Amount to be paid into the Fund
Section 6 — Limits of liability of the Fund in respect of guarantees
Section 7 — Applications for loans and for guarantees, etc.
Section 8 — Form and terms of loan agreement
Section 9 — Rate of interest
Section 10 — Forms of security
Section 11 — Safeguard in respect of certain loans
Section 12 — Recovery of outstanding loan, etc.
Section 13 — Loans to be applied for purposes for which made, and offences
Section 14 — Rules and publication thereof
Section 15 — Banks to establish Agricultural Finance Departments
Section 16 — Return by banks
Section 17 — Legal proceedings
Section 18 — Investment of surplus moneys in the Fund
Section 19 — Accounts and audit
Section 20 — Annual reports
Section 21 — Regulations
Section 22 — Interpretation
Section 23 — Short title
  • 1 — SCHEDULE
In Force

Agricultural Research Council of Nigeria Act, 1999

Jurisdiction Federal
Year 1999
Commencement 26 May 1999
Sections 23
Subsections 23

An Act to establish the Agricultural Research Council of Nigeria and to provide for the establishment of research institutes by the Council.

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