Section 1: Establishment of the Chartered Institute of Development Studies and Administration of Nigeria

(1) There is established the Chartered Institute of Development Studies and Administration of Nigeria (in this Act referred to as "the Institute").
(2) The Institute -
(a) shall be a body corporate with perpetual succession and a common seal;
(b) may acquire, hold and dispose of real and personal property; and
(c) may sue or be sued in its corporate name.