Section 280 Investments and Securities Act Section 280 of the Investments and Securities Act 2025 is about Rights of survivorship. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Notwithstanding anything to the contrary contained in any other law, or enactment —(a) when a promissory note is payable…
Section 279 Investments and Securities Act Section 279 of the Investments and Securities Act 2025 is about Manner and effect of endorsement. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Notwithstanding the provisions of the Bills of Exchange Act to the contrary — (a) an endorsement of a…
Section 278 Investments and Securities Act Section 278 of the Investments and Securities Act 2025 is about Promissory notes. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Every promissory note shall be signed by the issuer and shall, when issued, bind the relevant body to pay the…
Section 277 Investments and Securities Act Section 277 of the Investments and Securities Act 2025 is about Entries in a bond register. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: The entries in a bond register shall be presumed to be a correct representation of the facts, matters,…
Section 276 Investments and Securities Act Section 276 of the Investments and Securities Act 2025 is about Dematerialised debt security. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Securities shall be allotted in dematerialised form and shall be electronically registered, if applicable, on the account of the…
Section 275 Investments and Securities Act Section 275 of the Investments and Securities Act 2025 is about Appointment of issuing house. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: An issuer shall appoint any issuing house registered by the Commission, for the purpose of undertaking the issuance of…
Section 274 Investments and Securities Act Section 274 of the Investments and Securities Act 2025 is about Register of securities and appointment of Registrar. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) A body shall keep a register of all information of transactions in securities and other…
Section 273 Investments and Securities Act Section 273 of the Investments and Securities Act 2025 is about Bodies to publish details of funds in the Federal Government Gazette or other official document. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) The particulars of funds raised under this…
Section 272 Investments and Securities Act Section 272 of the Investments and Securities Act 2025 is about Loans to be charged upon revenue. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: The principal money and interest represented or secured by any bond or securities issued under this Act…
Section 271 Investments and Securities Act Section 271 of the Investments and Securities Act 2025 is about Restriction on raising of funds from the capital market. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) A body to which this Part applies shall not issue securities to the…