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Laws of the Federation Preview 32 min read

Federal Housing Authority Act

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Arrangement of Sections

1. Establishment, etc., of Federal Housing Authority.

2. Composition, etc., of Board of Directors of the Authority.

3. Functions of the Authority.

4. Powers of the Authority.

5. Appointment of General Manager and Secretary.

6. Staff.

7. Power of Minister to give directions to the Board.

8. Financial provisions.

9. Annual report.

10. Compulsory Acquisition of land.

11. Protection of land vested in the Authority.

12. Protection of employees of the Authority.

13. Interpretation.

14. Short title.

SCHEDULE

Supplementary provisions relating to the powers, proceedings, etc., of the Board

An Act to establish the Federal Housing Authority as a Statutory Corporation and to vest the Authority with responsibility for preparation of a National housing programme and to execute such of the programme as may be approved from time to time by the Federal Government.

[1st October, 1973] [Commencement. ]

1. Establishment, etc., of Federal Housing Authority

(1) There is hereby established a body by the name of the Federal Housing Authority (hereinafter referred to as "the Authority") which shall be a body corporate with perpetual succession and a common seal.
(2) The provisions of the Schedule to this Act shall have effect with respect to the proceedings of the Authority and the other matters therein mentioned.

2. Composition, etc., of Board of Directors of the Authority

(1) The affairs of the Authority shall be conducted by a board of directors of the Authority (hereinafter referred to as "the Board") which shall consist of the following-
(a) a Chairman to be appointed by the President on the recommendation of the Minister;
(b) the Permanent Secretary, Federal Ministry of Works and Housing, or his representative;
(c) the General Manager of the Authority; and
(d) ten other persons who by reason of their ability, specialised knowledge and experience have a special contribution to make to the work of the Authority, to be appointed by the President on the recommendation of the Minister.
(2) A reference to a representative of a member of the Board in subsection (1) of this section shall be construed as a reference to any person duly appointed by that member to represent him at a meeting of the Board.

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