Section 22: Interpretation.

(1) In this Act-
"Bank" means a bank licensed in Nigeria under Banks and Other Financial Institutions Act 1991, as amended.
"Chartered Banker" means a person who has passed the professional examinations and has been elected an Associate or Fellow of the Chartered Institute of Bankers of Nigeria.
"Corporate Member" means Central Bank of Nigeria, Nigeria Deposit Insurance Corporation, Banks, Development Banks and Discount Houses Mortgage Banks and Micro-Finance Banks in Nigeria.
"Council" means the Council established as the governing body of the Institute under Section 5 (1) of this Act ;
"Disciplinary Tribunal" means the Chartered Institute of Bankers of Nigeria Disciplinary Tribunal established under section 13 of this Act ;
"Fees" includes annual subscription ;
"Fit Person" means a person of good character, who is not an undischarged bankrupt and has not been convicted in Nigeria or elsewhere of any offence involving fraud or dishonesty or has not been so convicted since a period to be specified from time to time by the Council ;
"Institute" means the Chartered Institute of Bankers of Nigeria established under section 1 of this Act ;
"Investigating Panel" means the Chartered Institute of Bankers of Nigeria investigating Panel established under section 13 (7) of this Act ;
"Member of the Banking Profession" means a person registered by the Institute as a member in the category of an Ordinary Member, Student Member, Graduate Member, Associate Member, Honorary Senior Member, Honorary Fellow and Fellow ;
"President" Vice-President" and "National Treasurer" means the office holders under those names in the Institute respectively.
"Profession" means the banking profession ;
"Register" means the register kept in pursuance of Section 8 (4) of this Act.