CORPORATE BODIES (MEMBERS’ EMOLUMENTS) ACT

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LAWS OF THE FEDERATION OF NIGERIA 

CORPORATE BODIES (MEMBERS’ EMOLUMENTS) ACT

ARRANGEMENT OF SECTIONS

  1. Short title.
  2. Amendment of various Acts.

SCHEDULE

CORPORATE BODIES (MEMBERS’ EMOLUMENTS) ACT

An Act to make provisions for the remuneration of persons who are members of more than one statutory corporation, and for such purpose to effect amendments to various Acts establishing such corporations.

[4th September, 1958]

[Commencement. ]

  1. Short title

This Act may be cited as the Corporate Bodies (Members’ Emoluments) Act.

  1. Amendment of various Acts

(1)    The Acts specified in the first column of the Schedule to this Act are amended in the manner specified in the second column of the Schedule.

(2)    The amendments affected hereby shall be deemed to have been made with effect from the 30th August, 1957.

  1. Nigeria Coal Corporation Act

In paragraph (1) of the proviso to subsection (4) of  section 3 delete- “to any person who is in receipt of  emoluments from the Government” and substitute “to  any person who holds an office of profit under the State otherwise than as a member of a body corporate  incorporated directly by a law enacted by any  legislature in Nigeria”.

2      Nigerian Railway Corporation Act

In the proviso to section 7 add at the end thereof the following “other-wise than as a member of the Corporation or as a member of a body corporate incorporated directly by a law enacted by any legislation in Nigeria”.

  1. Federal Radio Corporation of Nigeria Act

(a)    In section 2 delete the definition of “public officer

(b)    in section 7 delete “to any person who holds a public office” and substitute- “to any person who holds an  office of profit under the State otherwise than a  member of the Corporation or as a member of a body  corporate incorporated directly by any  legislature in Nigeria

CORPORATE BODIES (MEMBERS’ EMOLUMENTS) ACT

SUBSIDIARY LEGISLATION

No Subsidiary Legislation

 

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