Library / B 117 Federal Republic of Nigeria Official Gazette No. 50
B 117 Federal Republic of Nigeria Official Gazette No. 50
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B 133 (g) any other sum, freely donated or accruing to the Centre for the furtherance of ADR in midstream and downstream petroleum operations in Nigeria ; and (h) any other financial resources that may be approved by the Advisory Council. The Centre’s accounts and financial year 13.—(1) The Centre will apply accounting rules and principles in accordance with recognised international standards, in managing its accounts and records. (2) The financial year of the Centre will commence on 1st January and will end on 31st December of each year. Representation of the Centre 14.—(1) The Centre Coordinator will represent the Centre before entities and judicial authorities. (2) The Centre Coordinator may delegate the power in subparagraph (1) to an officer of the Centre, provided that such delegation is specific and in writing. Registration on the lists of arbitrators, mediators, conciliators, and experts 15. Registration on the lists of arbitrators, mediators, conciliators, and experts will be subject to, and in accordance with conditions prescribed by the Advisory Council. Confidentiality and conflict of interest 16.—(1) Meetings and deliberations of the Advisory Council, the Administrative Secretariat, and the subcommittees will be held in camera. (2) A member of the Advisory Council or the Administrative Secretariat shall not attend or participate in meetings or vote on any matter or decision to which he is party, in which he has a direct or an indirect interest, or in respect of which he is an agent, a legal representative, a guardian, or a custodian of one of the disputants. (3) A member of the Advisory Council or the Administrative Secretariat must disclose such a relationship or conflict of interest. (4) The members of the Advisory Council, the subcommittees and the employees of the Administrative Secretariat of the Centre shall not disclose or divulge, during or after their term of service with the Centre, any information or documents related to the work or services of the Centre.
RegulationsPDF20232023-0317