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Public Enterprises Regulatory Commission Act, 1996 🇳🇬

Nigeria
Coat of Arms

Public Enterprises Regulatory Commission Act, 1996

  • Published in Official Gazette supplement
  • Commenced on 17 November 1996
  • [This is the version of this document at 31 December 2002.]
An Act to establish the Public Enterprises Regulatory Commission to regulate the activities of public enterprises and for matters connected therewith.

Part I – Establishment, etc., of the Public Enterprises Regulatory Commission and its governing board

1. Establishment of the Public Enterprises Regulatory Commission

(1)There is hereby established a body to be known as the Public Enterprises Regulatory Commission (in this Act referred to as "the Commission").
(2)The Commission-
(a)shall be a body corporate with perpetual succession and a common seal; and
(b)may sue and be sued in its corporate name.

2. Membership of the Commission

(1)There is hereby established for the Commission a governing Board which shall consist of--
(a)a chairman who shall also be the chief executive of the Commission;
(b)eight other members, at le…

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