Tag Archives: operators

Politics tamfitronics Point of Sale (PoS) operators, represented by the Nationwide President of the Association of Cell Cash and Monetary institution Brokers in Nigeria, Fasasi Sarafadeen, bear launched plans to disaster the legality of the well-known registration with the Corporate Affairs Commission (CAC).Sarafadeencriticizedthe directive, arguing that it violates the provisions of the Corporations and Allied Matters Act (CAMA) of Nigeria.In step with Sarafadeen, CAC has no jurisdiction over americans running as sole proprietors,as in opposition toregistered corporations.He acknowledged: “In step with fragment 863(1) of the Corporations and Allied Matters Act, 2004, the mutter to place in power CAC directive on particular person PoS agents running below their name is unsuitable and could perchance fairbe challengedas it contravenes the Corporations and Allied Matters Act, Felony guidelines of the Federation of Nigeria, 2004, which explicitly states that...