Arrangement of Sections
1. Short title and commencement.
2. Interpretation.
5. Powers relating to grant of licences to export produce.
6. Prohibition of export of produce without licence.
9. Transfer of assets and liabilities of Board.
An Act to repeal the Nigerian Central Marketing Board Act and to make new provision for the export of Nigerian produce.
[See section 1]
1. Short title and commencement
This Act may be cited as the Export of Nigerian Produce Act, and shall come into force on a date (in this Act referred to as the appointed day) to be appointed by the President by notice in the Federal Gazette.
2. Interpretation
In this Act, unless the context otherwise requires-
"Board" means the Nigerian Central Marketing Board, constituted under the provisions of the Nigerian Central Marketing Board Act;
"Commodity Board" means any commodity board established by each State of the Federation;
"Company" means the Nigerian Produce Marketing Company Limited, a private company of that name registered or to be registered under the provisions of the Companies and Allied Matters Act;
"Export" with its grammatical variations and cognate expressions, means to take or cause to be taken out of Nigeria;
"Local processing" means any process or operation which has the effect of altering the character, nature or composition of any produce subject to a State marketing law from the State in which such produce would customarily be offered for sale for export;
"Minister" means the Minister charged with responsibility for matters relating to external trade;
"Produce" includes produce subject to State marketing law and any produce derived from such produce by local processing;
"Produce subject to a State marketing law" means produce of a kind which any State marketing board is by a State marketing law empowered to purchase for export;
"Product derived by local processing" means any product derived by local processing of any produce subject to a commodity board for processing in Nigeria;
"Purchase" with its grammatical variations and cognate expressions, includes exchange or barter and any agreement or contract to purchase, exchange or barter;
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