National Office for Technology Acquisition and Promotion ACT, 2004
Overview
The document is the National Office for Technology Acquisition and Promotion ACT, 2004, which establishes the National Office for Technology Acquisition and Promotion (NOTAP) in Nigeria. The Act outlines the establishment, governing council, functions, and operational procedures of the National Office. Established on 24th September 1979, the Act aims to monitor and regulate the transfer of foreign technology to Nigeria. Key provisions include the registration of contracts and agreements involving technology transfer, the functions of the National Office (which include promoting technology acquisition, monitoring technology transfer, and implementing government policies), the composition and powers of the Governing Council, financial and staff regulations, penalties for non-compliance, and the requirement for annual reports. The Act replaces the 1979 version and includes provisions for appeals, information gathering, and restrictions on disclosure. The document type is classified as a policy act, and the language is English.