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8 June 1961

Nigeria Government Gazette supplement dated 1961-06-08 number 41 part A

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Supplement to Official Gazette No. 41, Vol, 48, 8th June, 196i—Part A                               A 53
      _        LAGOS STOCK EXCHANGEACT, 1961
 Assented to in Her Majesty’s namethis 6th day of June, 1961.




                                                                Nnamor AziKrwe,
                                                                Governor-General




 (LS)




                                                                                é

                             ARRANGEMENT OF SECTIONS
 Section             -   §                     4. Offence to carry on “unauthorised
 1. Short title, application and com-      ,       ‘business of stockbroking,
      mencement.                               5. Reports to be made quarterly.
_ 2, Interpretation.                           6. Notification of rejection of applicant
 3. Exclusive right of Exchange mem-~-          for membership of Exchange.
      bers to carry on business_of       | 7, Central Bank of Nigeria may deal
      stockbroking.§                               in Government securities.
                                1961, No. 14
 AN ACT TO PROHIBIT THE CARRYING ON OF THE BUSINESS OF STOCKBROKING
    IN RELATION TO STOCK, SHARES AND OTHER SECURITIES GRANTED A
     . QUOTATION BY THE Lacos Stock ExcHANGE EXCEPT By MEMBERS OF THE
          ‘EXCHANGE, AND TO’ PROVIDE FOR THE MAKING OF CERTAIN REPORTS AND
          “STATEMENTS ON THE ACTIVITIES OF THE EXCHANGE BY THE CHAIRMAN
          THEREOF,
                                      [By notice, see section 1 (2)]
                                                                                            ment,
              BEIT ENACTED by the Legislatureof the Federation of Nigeria
          in this presentParliament assembled and by the authority of the same
          as follows—
                1. (1) This Act may be cited as the Lagos Stock Exchange Act,               Short title,
          - 1961, and shall be of Federal application.                                      application
                                                                                            an
                                                                                            commence~-
                                                                                           "ment. |

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