Section 18: interpretation

In this Act, unless the context otherwise requires-
"Council" means the Council established as the governing body of the Institute under section 3 of this Act;
"fees" includes annual subscriptions;
"Incorporated Institute" means the Nigerian Institute of Stockbrokers incorporated under the Companies and Allied Matters Act;
"Institute" means the Chartered Institute of Stockbrokers established under section 1 of this Act;
''member'' means a member of the Council and includes the President and Vice- Presidents;
"Panel" has the meaning assigned thereto by section 10 of this Act;
"President" and "Vice-President" mean respectively the office holders under those names in the Institute;
"register" means the register maintained in pursuance of section 5 of this Act;
"Tribunal" has the meaning assigned thereto by section 10 of this Act.