Section 4: Qualification for election of the president and vice-president.

(1) A person shall be qualified for election to the office of the President and Vice-President of the Institute if he-
(a) is a citizen of Nigeria;
(b) has attained the age of 40 years;
(c) has been educated up to at least University or Polytechnic level with a First Degree, Higher National Diploma or their equivalent.
(d) has paid all his dues for five consecutive years immediately preceding the year of election; and
(e) has not been adjudged to be a lunatic or declared to be of unsound mind or adjudged or declared bankrupt; and
(f) a fellow of the Institute.
(2) The President shall preside at the meetings of the Institute but in the event of death, resignation, incapacity or inability for any reason and the President can no longer perform the functions of his office, the first Vice-President shall act in his stead for the unexpired portion of the term of office.
(3) The President and the First Vice-President shall respectively be Chairman and Vice Chairman of the Council.
(4) If the President or Vice-President ceases to be a member of the Institute, he shall cease to hold any of the offices designated under this section.