Mortgage Institutions Act. Pays/Territoire Nigéria Type du document Législation Date 1989 (2013) Source FAO, FAOLEX Titre completAn Act to make provisions for establishment and licensing of mortgage institutions to grant loans and advance to individuals for the purchase or construction of a dwelling house; improvement or extension of an existing dwelling house; and to accept savings and deposits from members of the public and to pay interest thereon. Sujet Terre et sols Mot clé Institution Collecte de données/déclarations Infractions/sanctions Aire géographique Afrique, Atlantique Nord, Afrique de l'Ouest Résumé This Act provides for the licensing of mortgage institutions and lays down rules for mortgage business by licensed mortgage institutions. If any company intends to carry on mortgage business in Nigeria, it shall apply in writing through the Federal Mortgage Bank to the Minister for the grant of a licence in accordance with the following provisions of this Act. Every mortgage institution shall submit to the Federal Mortgage Bank such returns as specified. The Federal High Court shall have jurisdiction to try all offences created under this Act. Texte intégral Anglais Site web www.placng.org Références - Législation Amendé par Mortgage Institutions (Amendment) Act, 2016 . Législation | Nigéria | 2017 Mot clé: Infractions/sanctions Source: FAO, FAOLEX