A financial regulatory authority may, in relation to the relevant sector it regulates, by notice issued under this section, designate as “qualified financial contracts” any agreement, contract or transaction, or type of agreement, contract or transaction, in addition to those listed in this section.
Companies and Allied Matters Act 2020 · Part B · Chapter 28
Section 719Powers of a financial regulatory authority
Cite as: Companies and Allied Matters Act 2020, section 719
What this section means
From the guide: Netting agreements and qualified financial contracts under CAMA 2020
- A financial regulatory authority can, for its own sector, designate additional agreements or types of agreement as qualified financial contracts by notice (section 719).
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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.