Section 36: Qualification of members before Commencement of the Act.

(1) Any person, who is qualified to be registered as a member of the Institute before the commencement of this Act, shall immediately after the commencement of the Act or at the time provided by the Council, apply in an appropriate form for registration under the qualified category.
(2) All assets and liabilities held or incurred immediately before the commencement date of this Act by or on behalf of the Institute of Directors Nigeria shall vest in the Chartered Institute of Directors Nigeria, established under this Act and be held by it for the purpose of the Institute.
(3) The provision of the Second Schedule to this Act shall have effect with respect to the matters arising from transfer of assets and liabilities to the Chartered Institute of Directors Nigeria, the properties of the Institute of Directors Nigeria and with respect to other matters mentioned in the Second Schedule. [Second Schedule]