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Companies and Allied Matters Act 2020 · Part B · Chapter 18

Section 465Requirements of sections 463 and 464 to be complied with

(1)
An appointment shall not be made under section 459 of this Act unless the person who makes the appointment has complied with any requirement of sections 462 and 463 of this Act—
(a)
the period of notice specified in section 463 (1) of this Act has expired ; or
(b)
each person to whom notice has been given under section 463 (1) of this Act has consented in writing to the making of the appointment.
(2)
An appointment shall not be made under section 460 after the period of 10 working days beginning with the date on which the notice of intention to appoint is filed under section 463 (1) of this Act.
Cite as: Companies and Allied Matters Act 2020, section 465

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Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.