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Agricultural Research Council of Nigeria Act, 1999 β€Ί Section 9

Table of Contents

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

    Section 9 β€” Rate of interest

    The rate of interest payable on a loan granted pursuant to this Act shall be as may be directed by the Minister.

    ← Section 8 Section 10 β†’

    In This Statute

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