Section

SECTION 15: Expenditure of the Mortgage Bank

Part of
Federal Mortgage Bank of Nigeria Act

The Mortgage Bank may, from time to time, apply the proceeds of the fund established in pursuance of section 14 (1) of this Act— (a) to the cost of administration of the Mortgage Bank; (b) to paying or reimbursing members of the Board or of…

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.