Home Constitutional Law II Mode of Exercising Federal Legislative Power:Money

Mode of Exercising Federal Legislative Power:Money

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  1.  The power of the National Assembly to make laws shall be  exercised by Bills passed by both the Senate and the House of  Representatives and, except as otherwise provided by subsection
  2. of this section, assented to by the President.
  3.  A bill may originate in either the Senate or the House of  Representatives and shall not become law unless it has been  passed and, except as otherwise provided by this section and  section 55 of this Constitution, assented to in accordance with the  provisions of this section.
  4.  Where a bill has been passed by the House in which it originated,  it shall be sent to the other House; and it shall be presented to the  President for assent when it has been passed by that House and  agreement has been reached between the 2 Houses on any  amendment made on it.
  5. Where a bill is presented to the President for assent, he shall  within 30 days thereof signify that he assents or that he withholds  assent.
  6.  Where the President withholds his assent and the bill is again  passed by each House by two-thirds majority, the bill shall become law and the assent of the President shall not be required.

Mode of Exercising Federal Legislative Power: Money

Bill

(1) The provisions of this section shall apply to:
(a) an appropriation bill or supplementary appropriation bill  including any other bill for the payment, issue or withdrawal  from the Consolidated Revenue Fund or any other public fund of  the Federation of any money charged thereon or any alteration in  the amount of such a payment, issue or withdrawal; and (b) a bill for the imposition of or increase in any tax, duty or fee or  any reduction, withdrawal or cancellation thereof.

(2) Where a bill to which this section applies is passed by one of the  Houses of the National Assembly but is not passed by the other  House within a period of 2 months from the commencement of a  financial year, the President of the Senate shall within 14 days  thereafter arrange for and convene a meeting of the joint finance  committee to examine the bill with a view to resolving the
differences between the 2 Houses.

(3) Where the joint finance committee fails to resolve such  differences then the bill shall be presented to the National  Assembly sitting at a joint meeting, and if the bill is passed at  such joint meeting, it shall be presented to the President for  assent.

(4) Where the President within 30 days after the presentation of  assent, then the bill shall again be presented to the National  Assembly sitting at a joint meeting, and if passed by two-thirds  majority of members of both Houses at such joint meeting, the  bill shall become law and the assent of the President shall not be  required.

(5) In this section, “joint finance committee” refers to the joint  committee of the National Assembly on finance established  pursuant to section 58 (3) of this Constitution.

CONCLUSION

You ha come to the end of the discourse concerning the legislature and its powers. The qualification of members and how members could be made to vacate their seats in the legislative house ha also been discussed.

SUMMARY

In this unit, we have considered the role of the legislature, the qualification for membership and the process to follow for a member to vacate its seat in the legislature.

self test

The legislature makes law in Nigeria which must be obeyed. Discuss with reference to the legal position in Nigeria 

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