Section 12: Qualification for membership.

(1) Subject to the provisions of this Act, an individual is eligible to be registered as a treasury manager if he -
(a) passes the qualifying examination accepted by the Council;
(b) completes the practical training prescribed by the Institute under this Act;
(c) holds any other qualification accepted by the Institute for the time being; or
(d) qualifies for enrolment as a member in any of the categories specified for the purpose of this Act.
(2) An applicant shall, in addition to evidence of qualification, satisfy the Council that -
(a) he is of good character;
(b) has attained the age of 21 years; and
(c) has not been convicted by any court of law in Nigeria or elsewhere for an involving fraud or dishonesty.