Section 312 Investments and Securities Act

Section 312 of the Investments and Securities Act 2025 is about The Commission may take action. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows:

Without prejudice to the provisions of section 303 of this Act, or any rules and regulations made under this Act, the Commission may take one or more of the following actions —

(a) direct the person in breach to comply with, observe or give effect to any such provision of this Part or rules and regulations made under this Act; and

(b) where the person in breach of the provisions of this Part is an appropriate officer of the issuer, the Commission shall require the person to take such steps as it may direct to remedy or mitigate the effect of the breach.

See also  Section 3 of the 1999 Constitution of Nigeria (updated)

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