Forfeiture of Property (8 Okotie-eboh Street, South-west Ikoyi) Act 1975

Arrangement of Sections

1. FORFEITURE OF PROPERTY (8 OKOTIE-EBOH STREET, SOUTH-WEST IKOYI) ACT

2. (1) Any person in possession of the property to which this Act applies, or any portion of

3. (a) in the case of an individual, to imprisonment for 5 years without the option of a fine; and

4. (1) No civil proceeding shall lie or be instituted in any court for or on account of or in

5. Cap. 62. Supplementary provisions.

FORFEITURE OF PROPERTY (8 OKOTIE-EBOH STREET, SOUTH-WEST IKOYI) ACT

1975

An Act to provide for the forfeiture of the property known as No.8 Okotie-Eboh Street, South-West Ikoyi and for matters ancillary thereto.

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[29th September, 1975]

[Commencement]

FORFEITURE OF PROPERTY (8 OKOTIE-EBOH STREET, SOUTH-WEST IKOYI) ACT

1. (1) The immoveable property known as No.8 Okotie-Eboh Street, South-West Ikoyi in Lagos State, registered as No. LO 5128 at the Land Registry at Lagos is hereby forfeited to the Federal Government.

2. (1) Any person in possession of the property to which this Act applies, or any portion of such property, shall within 14 days of the making of this Act, deliver up vacant possession of such property to the Chief Federal Lands Officer or any person authorised in that behalf by the Chief Federal Lands Officer to take possession of the said property.

in the case of a body corporate, to a fine of not less than N5,000.00; and in the case of a continuing offence by a body corporate, to a fine of not less than N500.00 for each day on which the offence continues to be committed. Delivery of possession of premises, etc. and penalty.