Transcription of THE EDUCATION TAX FUND (AMENDMENT) ACT, …
1 A 269 THEEDUCATIONTAXFUND (AMENDMENT) ACT,2003 !) (AMENDMEN1)A~ ( amendment )Acr,1998;ANDFORRELATEDMATTERS [ ]ENACTED bytheNationalAssemblyof TheEducationTaxFundAct,1993(inthisActref erredto as "thePrincipalAct"),as amended,is furtheramendedas setoutin Section4 (I)ofthePrincipalActis substitutedforthefollowingnewsubsection- " (1) Thereis establishedforthemanagementof theFundanEducationTrustFundBoardof Trustees(inthisActreferredto as "theBoardof Trustees")whichshallconsistof-(a)a chairman;(b)sixpersonseachrepresentingth esixgeo-politicalzonesof thecountry;(c)theAccountant-Generalof theFederation;(d)a representativeof-(i)theMinisterof EDUCATION ,(ii)theVice-ChancellorsoftheNi gerianUniversities,(iii)Rectorsof thePolytechnicsin Nigeria,(iv)Provosts'of theCollegesof Educationin Nigeria,(v)theNationalChamberof Commerce,Industry,MinesandAgriculture(NC CIMA),(vi)theManufacturersAssociationof Nigeria(MAN),(vii)theAcademicStaffUniono f Universities(ASUU),(viii)theAcademicStaf fUnionof Polytechnics(ASUP),(ix)theCollegesof EducationAcademicStaffUnion(COEASU),(x)t heNationalUnionof Teachers(NUT),(xi)theAssociationof NigerianPrincipalsof SecondarySchools(ANCOPS),and(xii)theExec utiveSecretaryof theFundwhoshallserveas theSecretary".
2 3. ThisActmaybecitedas theEducationTaxFund( amendment )"ct, ( amendment )I certity;inaccorda'ncewithSection2( I} oftheActsAuthenticationAct, ,Lawsof theFederationof Nigeria1990,thatthisis a truecopyof theBillpassedbybothHousesof , theNationalAssembly17thJune, 2003 EXPLANATORY themembershipof theBoardof Trusteesof alsoprovidesfora moreeffectivecompliancewiththeprincipleo f ( amendment ) (I)(2)(3)(4)(5)ShortTitleLongTitleSummar yof theDatepassedbyDatepassedbyof theBillof theBillContentsof theBillsheSenateHouseofRepresentativesTh eEducationTaxFundAnActtofurtheramendtheT hisBillseeksto ,2002.( amendment ) ( amendment )Act.,1998; alsoprovidesfora moreeffectivecompliancewiththeprincipleo f certifythatthisBillhasbeencarefullycompa redbymewiththedecisionreachedbytheNation alAssemblyandfoundbymeto betrueandcorrectdecisionoftheHousesandis .)
3 In accordancewiththeprovisionsof , Lawsof theFederationof Nigeria, ,CONC lerkto theNationalAssemblyJ 7thJune, ,Presidentof
