Section 23: Interpretation.

In this Act-
"Board" means the Board of Fellows;
"Council" means the Governing Council of the Institute established under section 5 (1) of this Act;
"fees" includes annual subscription;
"Minister" means the Minister charged with the responsibility for education;
"President" and "Deputy President" respectively means the office holders as specified under section 4 of this Act;
“register" means the register prepared and maintained under section 10 (4) of this Act;
"Tribunal" means the Disciplinary Tribunal established under section 15 (3) of this Act;
"treasury management" means a prudent and strategic approach to optimising beneficial returns for innovative employment of an entity's (government or private) finance and financial resources and borrowing capacity while putting in place preventive mechanism as measures to safeguard such resources at the same time ensuring continuous liquidity and net flows for economic benefits from investment opportunities while minimising losses and exposures to associated risks which includes misappropriation or misapplication arising from continuous changing operating landscape in finance environment.