SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT AGENCY OF NIGERIA ACT, 2003

CENTER FOR LAW OF NIGERIA : FEDERAL LAWS

ONLINE COPY OF THIS LAW IS FREE. PDF IS AVAILABLE FOR N1500. PDF COMPENDIUM OF ALL LAWS/CATEGORIES ALSO AVAILABLE Email: lawnigeria@gmail.com and info@lawnigeria.com or Text: +234 706 710 2097

SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT AGENCY OF NIGERIA ACT, 2003

DOWNLOAD PDF COPY OF THIS LAW (N1,500)

[EDITOR’S NOTE: This Act has been amended by the Small and Medium Scale Enterprises Development Agency (Amendment) Act, 2005and Small and Medium Scale Enterprises Development Agency (Amendment) Act, 2016

EXPLANATORY MEMORANDUM

An Act to establish the Small and Medium Scale Enterprises Development Agency to be charged with the responsibility for promoting and facilitating the Development Programmes in the Small and Medium Scale Industries sub-sectors and for connected purposes.

ARRANGEMENT OF SECTIONS

PART I – Establishment and Governing Board of Small and Medium Scale Enterprises Development Agency of Nigeria

1. Establishment of Small and Medium Scale Enterprises Development Agency of Nigeria.
2. Establishment and membership of the Governing Board.
3. Schedule.
4. Tenure of office, etc.
5. Removal of members from office.
6. Emoluments, etc.
7. Disclosures of interest.

PART II – Functions and Powers of the Agency

1. Functions of the Agency.
2. Powers of the Agency.

PART III – Staff of the Agency

1. Director-General.
2. Other employees of the Agency.
3. Pensions and gratuities.

PART IV – Financial Provisions

1. Funds of the Agency.
2. Expenditure of the Agency.
3. Annual estimates and accounts.
4. Annual reports.
5. Power to accept gift.
6. Power to borrow.
7. Investment.
8. Exemption from tax.

PART V – Legal Proceedings

1. Limitations of suits against the Agency, etc.
2. Service of documents.
3. Restriction on execution against property of the Agency.
4. Indemnity of officers.
5. Secrecy.
6. Directive by the Minister, etc.
7. Regulations.
8. Interpretation.
9. Citation.

Schedule Supplementary Provisions relating to the Board, etc.

LAWS OF THE FEDERATION OF NIGERIA, 2004, CHAPTER S19 –

SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT AGENCY OF NIGERIA ACT

An Act to establish the Small and Medium Scale Enterprises Development Agency to be charged with the responsibility for promoting and facilitating the Development Programmes in the Small and Medium Scale Industries sub-sectors and for connected purposes.

ALPHABETICAL INDEX TO THE LAWS OF NIGERIA (UPDATED)

LAWS MADE BY THE NATIONAL ASSEMBLY OF NIGERIA [1999 – Date]

TableTable