SectionSECTION 16: Guarantee of unconditional transferability
- Part of
- Foreign Exchange (Monitoring and Miscellaneous Provisions) Act 1995
(4) Foreign currency imported into Nigeria and invested in any enterprise pursuant to subsection (1) of this section shall be guaranteed unconditional transferability of funds, through an Authorised Dealer in freely convertible currency, relating to— (a) dividends or profits (net of taxes) attributable to the…
🔒Read the full section with Sanctum
Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.