Nigerian Institute of Marketing of Nigeria Act, 2003 🇳🇬
Nigerian Institute of Marketing of Nigeria Act, 2003
Assented to on 22 July 2003
Commenced on 22 July 2003
[Up to date as at 22 July 2003]
AN ACT TO ESTABLISH THE NATIONAL INSTITUTE OF MARKETING OF NIGERIA TO REGULATE AND CONTROL THE PRACTICE OF THE MARKETING PROFESSION; AND FOR MATTERS CONNECTED THEREWITH
Part I – ESTABLISHMENT, ETC OF THE NATIONAL INSTITUTE OF MARKETING OF NIGERIA
1. Establishment of the National Institute of Marketing of Nigeria.
(1)There is established a body to be known as the National Institute of Marketing of Nigeria (in this Act referred to as "the Institute") which-(a)shall be a body corporate with-(i)perpetual succession;(ii)a common seal which shall be kept in such custody as the Council may direct;(b)may sue and be sued in its corporate name; and(e)may, subject to the Land Use Act, hold, acquire and dispose of any property, movable or innnovable.(2)The Institute has the general duty of-(a)determining who are marketers for the purpose of this Act;(b)determining wh…
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