CONFISCATED ASSETS (RECOVERY AND DISPOSAL) COMMITTEE ACT - 1979 (AFRCD 25)

    Section - 2 - Functions of Committee.

    (1) Subject to the written directions of the Armed Forces Revolutionary Council the functions of the Committee are-

    (a) to locate and take an inventory of all assets and properties confiscated to the State by the Armed Forces Revolutionary Council;

    (b) to make to the Armed Forces Revolutionary Council recommendations as to the disposal of any assets and properties confiscated to the State by the Armed Forces Revolutionary Council; and

    (c) to ensure that the beneficiaries of confiscated assets and properties do not include individuals and non-State organisations.

    (2) It shall also be the function of the Committee to see to the implementation of any decisions of the Armed Forces Revolutionary Council in respect of any such assets and properties.