REVENUE MOBILISATION, UTILIZATION AND FISCAL COMMISSION ACT

DOWNLOAD OF A COPY OF THIS LAW IS AVAILABLE [N1,500 (PDF)] CLICK HERE FOR ONLINE PAYMENT AND DOWNLOAD. PDF COMPENDIUMS OF ALL THE LAWS OF NIGERIA, LAGOS AND OTHER STATES ARE ALSO AVAILABLE. EMAIL: lawnigeria@gmail.com or info@lawnigeria or Text/WhatsApp +23407067102097

LAWS OF THE FEDERATION OF NIGERIA

REVENUE MOBILISATION, ALLOCATION AND FISCAL COMMISSION ACT

–

ARRANGEMENT OF SECTIONS

PART I – Establishment and composition of Commission, etc.

1. Establishment of the Revenue Mobilisation, Allocation and Fiscal Commission.
2. Composition of the Commission.
3. Qualification, etc., of members of the Commission.
4. Tenure of office.
5. Removal of member and cessation of membership.

PART II – Powers and functions of Commission

6. Powers of the Commission.
7. Independence of the Commission.
8. Proceedings of the Commission.

PART III – Organisation and staff

9. Appointment and functions of the secretary.
10. Special provisions as regards personnel.
11. Service in the Commission to be pensionable.

PART IV – Financial provisions and reports

12. Establishment of fund by the Commission.
13. Accounts and audit.
14. Annual report.

PART V – Interpretations

15. Interpretation.
16. Short title.

SCHEDULES

FIRST SCHEDULE

PART A – Offices

PART B – Offices

SECOND SCHEDULE – Proceedings of the Commission

–

REVENUE MOBILIZATION, UTILIZATION AND FISCAL COMMISSION ACT..

An Act to establish the Revenue Mobilisation, Allocation and Fiscal Commission with the functions, amongst others, of monitoring the accruals to and disbursement of revenue from the Federal Account and reviewing, from time to time, the revenue allocation formulae to ensure conformity with changing realities.

–

[Commencement.]                  [29th December, 1989] 

ALPHABETICAL INDEX TO THE LAWS OF NIGERIA (UPDATED TO 2018)