Category: Nigeria


  • Section 305 Investments and Securities Act Section 305 of the Investments and Securities Act 2025 is about Binding obligation on successive governments or bodies. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Any amount raised or guaranteed by any of the bodies to which this Part applies shall,…

  • Section 304 Investments and Securities Act Section 304 of the Investments and Securities Act 2025 is about Requirements of securities exchanges. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: A body to which this Part applies in exercising the powers granted under this Part shall comply with the…

  • Section 303 Investments and Securities Act Section 303 of the Investments and Securities Act 2025 is about Power to make rules and regulations under this Part. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: The Commission may make such rules and regulations generally for the purpose of giving…

  • Section 302 Investments and Securities Act Section 302 of the Investments and Securities Act 2025 is about Inspection of register and documents. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) A person shall not be entitled to inspect, or to receive information in relation to securities, except…

  • Section 301 Investments and Securities Act Section 301 of the Investments and Securities Act 2025 is about Delegation of power. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: An issuer may delegate to the Minister, Commissioner or Chairman or such other appropriate officer all or any of the…

  • Section 300 Investments and Securities Act Section 300 of the Investments and Securities Act 2025 is about Exemption from stamp duties. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: A document or an instrument made or used under the provisions of this Part shall be in such form…

  • Section 299 Investments and Securities Act Section 299 of the Investments and Securities Act 2025 is about Notice of trust not receivable except as provided. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Except as otherwise provided in this Part, no notice of any trust in respect…

  • Section 298 Investments and Securities Act Section 298 of the Investments and Securities Act 2025 is about Summary procedure in special cases. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Subject to laws applicable to the administration of the estate of a deceased person, the registrar may summarily…

  • Section 297 Investments and Securities Act Section 297 of the Investments and Securities Act 2025 is about Limitation of legal action. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Except as otherwise provided in this Part, an action shall not lie against the issuer in respect of any…

  • Section 296 Investments and Securities Act Section 296 of the Investments and Securities Act 2025 is about Immediate discharge in certain cases. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: On payment by or on behalf of a body to the holder of a security of the amount…