As such, the provisions of the national office for technology acquisition and promotion notap act, which is implemented by the notap, will apply. The notap act cap n62 laws of the federation 2007 as well as the revised guidelines made thereunder, provide the regulatory framework for the regulation of transfer of technology andor expertise between offshore service providers and nigerian companies. By rita neumann on december 8, 2015, updated on june 5, 2018, in act, act ebook. This download was checked by our builtin antivirus and was rated as clean.
Click on the image below to download the pdf program. Post registration activities of notap a confirmation of reasonableness. Notap is commissioned under its enabling law see section 4b, notap act to facilitate the development of the negotiation skills of nigerians with a view to ensuring the acquirement of the best contractual terms and conditions by nigerian parties entering into any contract or agreement. Territory, abuja, and not state lands as the land use act vests all lands in the state in the governor of the state. This resource comes from the same magoosh act experts who brought you magoosh act prep and the magoosh high school blog. Payments using notap certificates require that the remitting banks seek the confirmation or otherwise of the fees and agreements submitted to them by their clients companies according to cbn guidelines on foreign exchange remittance. For franchisors and prospective franchisees knowledge of the revised guidelines on acquisition of foreign. An act to establish the nigerian investment promotion commission, to encourage and promote investment in the nigerian economy. Each of the passages and statements in the reading test will be. Premium access via web, and are applicable to all locales, including australia, canada, uk, europe, and latin america. Albeit, where the agreement is with a nonresident company nrc, companies would still battle with sourcing foreign exchange forex as notap approval remains a major requirement for sourcing. Welcome to national office for technology acquisition and promotion.
Act ebook free pdf download magoosh high school blog. Tax implications of tech transfer, by ey, firs, notap. Companies and allied matters act arrangement of sections part a companies part i corporate affairs commission section 1. The national agency for food and drug administration and control nafdac borno state office has sealed a yogurt factory involved in the production of unregistered yogurt. The act reading test measures a test takers ability to understand, analyze and evaluate written passages. It is no doubt one of the most technical and professional agencies in nigeria. This software was originally created by symantec corporation.
Notap is a parastatal under the federal ministry of science and technology fmst. An act to establish the national drug law enforcement agency to enforce laws against the cultivation, processing, sale, trafficking and use of hard drugs and to empower the agency to investigate persons suspected to have dealings in drugs and other related matters. The national office for technology acquisition and promotion notap, was established by decree no. National office for technology acquisition and promotion established by decree no. The passages will contain material that will be from a variety of sources and on a number of different topics. Nipcactpdf nigerian investment promotion commission. Even though some practice tests are old dating as far back as 2005, the format of the act hasnt changed much since then except for the introduction of a redesigned writing section in 2015, so youre basically still taking the same. As the agency of the federal government, saddled with the responsibility of developing and regulating information technology in nigeria, the national information technology development agency is empowered by its enabling act to create a framework for the planning, research, development, standardization, application, coordination. The nigerian court of appeal lagos division recently quashed the decision of the trial federal high court and held that the nonregistration of a technology transfer. Revised guidelines on acquisition of foreign technology under noip notap act cap 268 lfn as amended by decree no. If you file a trademark without general principles and requirements for advertising in nigeria bisola scott. The platform is a good one but how i wish it is very effective. Notap recruitment form, portal 2019 and how to apply. The body is also saddled with the responsibility of promoting locally generated technologies.
The challenges associated with remittances to foreign companies, obtaining approval for deductible cost and appropriate pricing of technology transfer in the country, may have raised some issues. An act to establish the national office for technology acquisition and promotion to monitor, on a continuing basis, the transfer of foreign technology to nigeria and to provide for other related matters. The national office for technology acquisition and promotion notap. Nigeria africa a legal guide for business investment and expansion nigeria firm profile. This free ebook will help you begin your act prep, give.
Femi gbajabiamila has urged nigerians, especially muslims, to use the holy month of ramadan in prayers for the country. Step keypad entry operation 3037 or 4047 option number 1 set, 0 unset 0 or 1 option function default operation door chime when set, whenever the door contact is opened, the builtin buzzer makes a chime sound and the buzzer. With the growing concern over digital colonization of nigerian market by the foreign vendors in a way of technology transfer, the national office for. National office for technology acquisition and promotion act notap act august 2, 20 bob aroture back to laws and treaties arrangement of sections national office for technology acquisition and promotion act cap. Legal implication of non registration of technology. This would be a great relief for companies given notaps refusal to approve management services agreement in recent times. Notap concerns itself with examining the quality of imported technology with a view to determining its price and to check fairly obvious abuses. Consideration shall only be given to foreign companies where the requisite local expertise is lacking, provided that such foreign companies have demonstrable and verifiable plans for indigenous capacity development prior to the award of such contracts. Mohammed hassan abdulahi has said that the functions and activities of the. Science and technology fmst, notap was established by decree no. The notap act designates notap as the regulatory agency charged with oversight of agreements involving transfer of technologyprovision of expertise which are not locally available. Date title file name file size kb updates 04072006 act. The software lies within business tools, more precisely finances.
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