AGRICULTURAL CREDIT GUARANTEE SCHEME FUND (AMENDMENT) ACT, 2019
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AGRICULTURAL CREDIT GUARANTEE SCHEME FUND (AMENDMENT) ACT, 2019
EXPLANATORY MEMORANDUM
This Act amends the Agricultural Credit Guarantee Scheme Fund Act Cap. A11, Laws of the Federation of Nigeria, 2004 to enhance the capital base, expand the coverage of the Scheme, increase the size of the loanable fund, increase membership and give more powers to the Board.
AGRICULTURAL CREDIT GUARANTEE SCHEME FUND (AMENDMENT) ACT, 2019
ARRANGEMENT OF SECTIONS
1. Amendment of Cap. A11. LFN, 2004.
2. Amendment of section 2.
3. Amendment of section 5.
4. Amendment of section 6.
5. Amendment of sections 7(1) – 9, 14(1), 16(1) and 19 (1)
6. Amendment of section 10.
7. Amendment of Schedule.
8. Citation
An Act to amend the Agricultural Credit Guarantee Scheme Fund Act Cap. A11, Laws of the Federation of Nigeria, 2004 to enhance the capital base, expand the coverage of the Scheme, increase the size of the loanable fund, increase membership and give more powers to the Board.
[COMMENCEMENT] (24TH JUNE, 2019)
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