Industrial Training Fund Act (Amendment) 2011 No. C 49 [SB. 463] INDUSTRIAL TRAINING FUND (AMENDMENT) BILL, 2010

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1 Industrial Training Fund Act () 0 No. C [SB. ] INDUSTRIAL TRAINING FUND (AMENDMENT) BILL, 0 Arrangement of Clauses Clause:. of Cap. LFN, 00. of section. Substitution of section. of section. Substitution for section. of section. of section. of section. of section. of section. of section. of section. of section. of section. Citation Schedule

2 C 0 0 No. Industrial Training Fund Act ()

3 Industrial Training Fund Act () 0 No. C A BILL FOR An Act to Amend the Industrial Training Fund Act, Cap. Laws of the Federation of Nigeria, 00; and for Related Matters Sponsored by Senator Kamaorudeen Adedibu 0 [ ] Be it Enacted by the National Assembly of the Federal Republic of Nigeria as follows:. The Industrial Training Fund Act Cap. Laws of the Federation of Nigeria, 00 (in this Bill referred to as lithe Principal Act ) is amended as set out in this Bill.. Section l (c) of the Principal Act is amended by substituting for the words Federal Ministry of Industry in line the words its parent ministry. Utilization of the fund.. Substitute for section of the Principal Act a new section.. The fund shall be utilized to (a) provide, promote and encourage the acquisition of skills in industry and commerce with a view to generating a pool of indigenous trained manpower sufficient to meet the need of the private and public sectors of the economy; (b) provide training for skills in management for technical and enterprenual development in the public and private sectors of the economy; (c) set training standards in all sectors of the economy and monitor adherence; and (d) evaluate and certify vocational skills acquired by apprentices, craftsmen and technicians in collaboration with relevant organisations.. Section () of the Principal Act is amended (a) in paragraph (e), by substituting for the word or in line the word and immediately after the word industry ; and Commencement. of Cap. LFN, 000. of section l (c). Substitution for section. of section (). Substitution

4 C 0 No. for section. Directorof section. 0 0 Industrial Training Fund Act () (b) in paragraph (f), by substituting for the word or in line the word and immediately after the word industry. General and other officers of the fund.. Substitute for section of the Principal Act a new section. () The Minister may, with the prior approval of the Federal Executive Council, appoint a fit person to be called the Director-General of the Industrial Training Fund who shall be the Chief Executive and Administrative Head of the Fund and shall, subject to the directions of the Council, be responsible for (a) the assessment of contributions under this Act and for the collection and payment of monies into the Fund; (b) the payment of all disbursements authorised under or by virtue of this Act; (c) accounting for all monies collected, paid or otherwise expanded under this Act; and (d) ensuring the achievement of the aims of this Act. of all () There shall be a Management Committee consisting (a) Heads of Department; (b) Heads of Legal, Public Relations and Audit Units; and (c) any other officer who may be determined by the Director- General. () The Council may, from time to time, appoint officers, agents or employees of the Fund to assist the Director-General in the performance of his duties under this Act, who shall be subject to the general control of the Director-General. Section of the Principal Act is amended (a) in subsection (), by (i) substituting for the word twenty-five in line the word ten, and (ii) inserting immediately after the word employees in line the words or having less than employees.

5 Industrial Training Fund Act () 0 No. C 0 0 (b) in subsection (), by (i) substituting for the word Minister in line the word Ministry, (ii) substituting for the word President in line the words Federal Executive Council, (iii) deleting the word Federal in line ; (c) by deleting subsections () and (); and (d) by renumbering the section appropriately.. Section of the Principal Act is amended in subsection (), by substituting for the word (a) sixty in line the word fifty ; and (b) adequate in line the words in accordance with the Fund s reimbursement schemes.. Section of the Principal Act is amended (a) in subsection (), by (i) substituting for the word levies in line the word contributions (ii) substituting for the word Fund in paragraph (a) line the word Council ; (b) in subsection (), by substituting for (i) the figures,000 the figures 00,000.00, (ii) the figures,000 the figures,000, ; and (c) in subsection (b), by substituting for the figures,000 in line the figures 0, Section () of the Principal Act is amended by substituting for the word remit in line the word waive.. Section () of the Principal Act is amended by substituting for the words such form as the Minister may direct in lines and the words accordance with the relevant laws of the Federal Republic of Nigeria.. Section of the Principal Act is amended (a) in subsection (), by substituting for (i) the word any in line the words agents or, (ii) the word Secretary in line the word Director-General, and of section. of section. of section. of section. of section. of section.

6 C 0 No. of section. of section. Citation. 0 0 Industrial Training Fund Act () (iii) the word authorised in line the word approved ; and (b) in subsection () by (i) inserting the words under payment and in line immediately after the word induces, and (ii) deleting the words or imposed for non-payment immediately after the word payable in line.. Section of the Principal Act is amended by substituting for (a) the existing marginal note a new marginal note Power of the courts to decide in disputes relating to liability ; and (b) the word Minister in line the word courts.. Section of the Principal Act is amended (a) in subsection (), by deleting the words levy or in line immediately after the word appropriate ; and (b) in subsection (t by substituting for the figures (i),000 the figures 00,000, (ii),000 the figures,000,000.00, and (iii),000 the figures 0, Section of the Principal Act is amended by inserting, in the alphabetical order, the definition of payroll means the sum total of all basic pay allowances and other entitlements payable within and outside Nigeria to any employee in an establishment, public and private ; and employees means all persons whether or not they are Nigerians employed to work for any establishment in return for salary, wages or other consideration and whether employed on fulltime or part time basis and includes temporary employees paid within and outside Nigeria.. This Bill may be cited as the Industrial Training Fund Act () Bill, 0. Schedule of paragraph.. Paragraph of the Schedule to the Principal Act is amended

7 Industrial Training Fund Act () 0 No. C (a) in paragraph (c) (ii), by deleting the word Employment and a comma after it; (b) by inserting a new subparagraph (iv) (iv) budget and planning ; (c) in paragraph (g) by inserting immediately after the word Congress the words Trade Union Congress in rotation for one year at a time ; (d) by deleting paragraph (d); and (e) by renumbering the paragraph appropriately. of paragraph.. Paragraph of the Schedule to the Principal Act is amended in subparagraph (), by substituting for the word ( President the word ( Federal Executive Council. of paragraph.. Paragraph of the Schedule to the Principal Act is amended by deleting the word ( among immediately after the word from in line. of paragraph.. Paragraph of the Schedule to the Principal Act is amended by inserting immediately after the word Act in line the impression Cap.. of paragraph.. Paragraph of the Schedule to the Principal Act is amended by deleting the words and shall be eligible for reappointments in line. of paragraph.. Paragraph of the Schedule to the Principal Act is amended by deleting the words and such other occasion as the Council may consider necessary. of paragraph.. Paragraph () of the Schedule to the Principal Act is amended by inserting immediately after the word five the words representing at least three interest groups. of paragraph.. Paragraph of the Schedule to the Principal Act is amended by substituting for the word ( President the word ( Federal Executive Council. Explanatory Memorandum This Bill seeks to amend the Industrial Training Fund Act Cap. Laws of the Federation of Nigeria, 00.

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