CHARTERED INSTITUTE OF BANKERS OF NIGERIA ACT

Section 8: Appointment of Registrar, etc.

2007Section 8 of 23Federal Republic of Nigeria

(1) The Council shall appoint a fit and proper person to be the Registrar for the purposes of this Act, and such other persons as the Council may from time to time, deem necessary to assist the Registrar in the performance of his functions under this Act.
(2) The Registrar shall in addition to his other functions under this Act, be the Secretary to the Council and shall keep minutes of the proceedings of all meetings of the Council.
(3) The Registrar appointed under subsection (1) of this section shall be the Chief Executive of the Institute and shall report to the President/Chairman of Council of the Institute.
(4) There shall be for the purposes of this Act two registers as follows-
(a) the register of members which shall consist of seven parts of which-
(i) the first part shall be in respect of Ordinary members,
(ii) the second part shall be in respect of Student members,
(iii) the third part shall be in respect of Graduate members,
(iv) the fourth part shall be in respect of Associate members,
(v) the fifth part shall be in respect of Honorary Senior members,
(vi) the sixth part shall be in respect of Honorary Fellows ; and
(vii) the seventh part shall be in respect of Fellows ; and
(b) the register of Corporate Members.
(5) Subject to the foregoing provisions of this section, the Council shall make rules with respect to the form and keeping of the register and the making of entries therein, and in particular-
(a) regulate the making of applications for registration, as the case may be, and provide for the evidence to be produced in support of such applications ;
(b) provide for the notification to the Registrar, by the person to whom any registered particulars relate, of any change in those particulars ;
(c) authorize a registered person to have any qualification which is in relating to the relevant division of the profession, either an approved qualification or an accepted qualification for the purposes of this Act, entered in relation to his name in addition to or as he may elect, in substitution for any other qualifications so registered ; and
(d) specify the fees, including any annual subscription, to be paid to the Institute in respect of the entry of names on the register, and authorize the Registrar to refuse to enter a name on the register until any fee specified for the entry has been paid provided that the rules made for the purpose of this subsection shall not come into force until they are confirmed at a meeting of the Institute.
(6) The Registrar shall-
(a) correct any entry in the register in accordance with the Council's direction.
(b) make from, time to time, any necessary alteration in respect of the particulars of registered members as may be directed by the Council;
(c) remove from the register the name of a deceased member ; and
(d) record the names of members of the Institute who are in default for more than one year in the payment of annual subscriptions, and to take such action in relation thereto (including removal of the names of defaulters from the register) as the Council may direct or require and any person whose name is removed from the register for being in default of payment of subscription for one year may be re-registered subject to payment of outstanding subscriptions and re-registration fees as may be approved by the Council from time to time.
(7) If the Registrar-
(a) sends by post to any registered person a letter addressed and delivered to him at his address usually on the register enquiring whether the registered particulars relating to him are correct and receives no reply to the letter within the period of six months from the date of posting it, and
(b) upon the expiration of that period, sends in the like manner to the person in question a second similar letter and receives no reply to that letter within three months from the date of posting it, the Registrar may include the name of the person in the list of special cases under this subsection for the Council's consideration and may if directed by the Council remove the particulars relating to the person in question from the register.
Provided that, the Council may direct the Registrar to restore to the appropriate part of the register any particulars removed therefrom pursuant to this subsection.

Cite this section

Section 8, CHARTERED INSTITUTE OF BANKERS OF NIGERIA ACT (2007).

https://repo.podus.ai/laws/chartered-institute-of-bankers-of-nigeria-act/section/8/