ASSETS MANAGEMENT ADMINISTRATION (AMCON) ACT, (AMENDMENT) ACT, 2015

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ASSET MANAGEMENT CORPORATION OF NIGERIA (AMENDMENT) ACT, 2015

EXPLANATORY MEMORANDUM

This Act amends the Asset Management Corporation of Nigeria Act, No. 4, 2010.

[EDITOR’S NOTE: This Act along with the Asset Management Corporation of Nigeria (Amendment No. 2) Act, 2019 amends the Asset Management Corporation of Nigeria (Amendment) Act, 2010

ARRANGEMENT OF SECTIONS

1.       Amendment of section 2.

2.       Amendment of section 16

3.       Amendment of section 22.

4.       Amendment of section 34

5.       Amendment of section 35.

6.       Amendment of section 48.

7.       Amendment of section 60

8.       Insertion of Part IX

9.        Amendment of section 61.

10.      Citation.

ASSET MANAGEMENT CORPORATION OF NIGERIA (AMENDMENT) ACT, 2015

An Act to amend the Asset Management Corporation of Nigeria Act: and for related matters.

[Commencement                                                26/05/2015]

ENACTED by the National Assembly of the Federal Republic of Nigeria-

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