A Laws.Africa project
24 January 1980

Nigeria Government Gazette supplement dated 1980-01-24 number 6 part C

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                                                                                           Ci
Supplement to Official Gazette No. 6, Vol. 67, 24th January, 19g0—Part C


   The Bill, which wilf'in due course be presented to the NationalAssembly
is published for general information.



                                A-BILL
                                    FOR
AN Act to PRovipe FOR THE ALTERATION OF THE FINanciaL, “YEAR AND FOR
   THE APPOINTMENT OF THE NEW PERIOD OF JANUARY TO DECEMBER AS
   BEING THE FINANCIAL YEAR HENCEFORTH AND FOR PURPOSES CONNECTED
      ‘THEREWITH.    ,                                 .

                                                           [st April 1980] .     Commence-
                                                                                _ Ment,

          BE IT ENACTED by“the National Assembly of the Federation
      of Nigeria and by authority of same as follows :—

          1, As from the commencementofthis Act the financial year shall,        Financial -
                                                                                 year hence«
      pursuant to section 277 (1) of the Constitution of the Federal Republic    forth to be.
                                                                                 ist January
                                                                                 to 31st
      of Nigeria 1979, be the period of twelve months commencing on Ist          December,
                                                                                 etc,
      January and ending on 31st December:         |

          Provided that with respect to the year 1980 only it shall be the

     _ period of 9 months commencing~on st April and ending on 31st:
      December.

10        2. Accordingly, for the definition of “financial year”in the Inter-    Consequen-
                                                                                 tial amend-
11 pretation Act 1964there shall be substituted the following new definition,   Frent of          :
                                                                                   terpretation
                                                                                 Act 1964.
12 that is—
                                          2

                                                                                 1964 No.1.

13        *“‘financial year” means ithe period of twelve months beginning on
14    _ Ist January and ending on 31st December, 0) however that with
        respect to the year 1980 it shall be the period ofnine months begin-

16    - ning on Ist April and ending on 3st December ;”

17        3.—(1) This Act may be cited as the Financial Year Act 1980.           Short title.
                                                                                 and com-
18        (2) This Actshail come into force ‘on Ist April 1980.                 . Mencement.

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