Library / Midstream Petroleum (Host Communities Development Trust) Regulations 2024
Midstream Petroleum (Host Communities Development Trust) Regulations 2024

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(3)  A person shall not be qualified to act as a member of the management
committee, where the person —
(a)  is less than 18 years of age;
(b)  is of unsound mind;
(c)  is an undischarged bankrupt; or
(d)  has been convicted of an offence relating to fraud, dishonesty or
vandalism of any oil installations and gas assets in Nigeria.
(4)  The remuneration, qualification, disqualification, discipline, suspension
or removal of members of the management committee by the Board of Trustees
shall be in accordance with the constitution of the trust or such policies as
may be approved by the Board of Trustees from time to time.
(5)  A member of the management committee shall serve for a term of
four years in the first instance and may be reappointed for another term of
four years and no more.
(6)  The Board of Trustees may remove any member of the management
committee, and shall within 30 days of the removal —
(a)  notify the Authority of such removal; and
(b)  appoint another person to complete the term of office of such member.
(7)  The management committee shall be responsible for the general
administration of the trust on an ad hoc basis and shall perform the duties set
out in section 248 of the Act.
19.—(1)
The management committee shall, not later than 30 days from
the constitution of the management committee, set up and appoint members
of the host communities advisory committee.
(2)  The remuneration, qualification, disqualification, discipline,
suspension or removal of members of the host communities advisory
committee by the management committee shall be in accordance with the
constitution of the trust or internal policies as approved by the Board of
Trustees from time to time.
(3)  The host communities advisory committee shall comprise one
representative from each host community.
(4)  Notwithstanding the provisions of sub-regulation (2) of this regulation,
a person shall not be qualified to act as a member of the host communities
advisory committee, where the person —
(a)  is less than 18 years of age;
(b)  is of unsound mind;
(c)  is an undischarged bankrupt; or
Host
Communities
Advisory
Committee