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NATIONAL SUGAR DEVELOPMENT COUNCIL (AMENDMENT), ACT, 2015

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NATIONAL SUGAR DEVELOPMENT COUNCIL [AMENDMENT] ACT

EXPLANATORY MEMORANDUM

This Act seeks to amend the National Sugar Development Council Act to abolish the ten per cent surcharge on sugar imports and make provisions for alternate funding of the existing National Sugar Development Council.

ARRANGEMENT OF SECTIONS

Section 1 – Amendment of Cap N78, LFN.

Section 2 – Amendment of Section 6.

Section 3 – Short Title

NATIONAL SUGAR DEVELOPMENT COUNCIL ACT

An Act to amend the National Sugar Development Council Act, Cap, N78, LFN, 2004 and for matters connected therewith.

[26TH MAY, 2015]           [Commencement.]

Be it enacted by the National Assembly of the Federal Republic of Nigeria as follows—

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