Decree No. 27 of 1974, amending Decree No. 32 of 1967 establishing the International Institute of Tropical Agriculture

INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE (AMENDMENT) DECREE 1974 Decree No. 27 [l7th June 1974] THE FEDERAL MILITARY GOVERNMENT hereby decrees as follows : 1. The International Institute of Tropical Agriculture Decree 1967 is hereby amended as follows : (a) in section 3, immediately after paragraph (b) there shall be inserted the following new paragraph "(c) borrow money, make loans and guarantee loans made by others with the approval of the board without prejudice to any other provision of this Decree relating to the provision of funds;" and the existing paragraph (c) shall be renumbered as paragraph (d); (b) in section 4 (1) : (i) for the existing paragraph (a) there shall be substituted the following new paragraph "(a) the Permanent Secretary, Federal Ministry of Agriculture and Natural Resources or his representative ;" ; (ii) for the existing paragraph (b) there shall be substituted the following new paragraph : "(b) one member appointed by the Federal Executive Council by rotation from amongst the Vice-Chancellors of Nigerian univer sities having colleges or departments of agriculture ;" ; (iii) immediately after paragraph (d) there shall be inserted the following new paragraph : "(e) the Secretary of the Agricultural Research Council of Nigeria ;" ; (iv) the existing paragraph (e) shall be renumbered as paragraph (f) and in the paragraph as so renumbered all the words after "Nigeria" where it occurs in the sixth line shall be deleted; (c) in section 4 (2) for the word "two" where it twice occurs there shall be substituted the word "three" ; A 133 Commence ment. Amend ment of 1967 No 32. A 134 1974 No. 27 International Institute of Tropical Agriculture (Amendment) "Power to lend money to emplo yees of the Institute. Citation. (d) immediately after section 6 there shall be inserted the following new section 6A. The Institute may make loans to any of its employees or guarantee any loan made to any such employee by any person (a) to purchase a motor vehicle required by the employee for the performance of his duty; or (h) to build a house for the residential use of the employee or of his family, to purchase a plot of land on which a house for the employeemay be built or to purchase a house for the residential use of the employee or of his family." ; (e) in section 8 (1) for the words "and demonstrations" there shall be substituted the words "demonstrations and conduct of the Institute's business". 2. This Decree may be cited as the International Institute of Tropical Agriculture (Amendment) Decree 1974. MADB at Lagos this 17th day of June 1974. GENERAL Y. GoWON, Head of tire Federal Military GOfJtr1UM1It, CommatUltr-in-ChUf of tire Anrwl Forcu. Federal Republic of Nilma EXPLANATORY NOTE (This note does not form part of tire ahOfJe Decree hut is intended to explain its J1Il'POSe) The Decree amends the International Institute of Tropical Agriculture Decree 1967,among other things, to vary the composition of the members of the beard of trustees of the Institute and to confer on the Institute power to borrow money for its purposes. PUBLISHED BY AUTHORITY OF THE FEDERAL MILITARY GOvmNMENT OF NIGERIA AND PRINTED BY THE MINISTRY OF INFORMATION, PRINTING DIVISION, LAGOS