Bank, Motor Vehicle Loans, (Miscellaneous Provision) Act, 1979
Ministry of Finance, Nigeria
This Act prohibits the sale or disposal of a motor vehicle on which there are outstanding loans from a bank. The Act specifies the offences and penalties for the unauthorized sale of a motor vehicle with outstanding loans and other related matters.
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Bank, Motor Vehicle Loans, (Miscellaneous Provision) Act, 1979 Current Version
January 2022
This Act prohibits the sale or disposal of a motor vehicle on which there are outstanding loans from a bank. The Act specifies the offences and penalties for the unauthorized sale of a motor vehicle with outstanding loans and other related matters.
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