Section 14: Establishment of the Disciplinary Committee and Investigating Panel.

(1) There shall be a committee to be known as the Chartered Insurance Institute Disciplinary Committee (in this Act referred to as the "the Disciplinary Committee") which shall be charged with the duty of considering and determining any case referred to it by the Investigating Panel established by the following provisions of this section and any other case of which the Disciplinary Committee has cognisance under the following provisions of this Act.
(2) The Disciplinary Committee shall consist of the chairman and six other members of the Council appointed by the Council.
(3) There shall be a body to be known as the Chartered Insurance Institute Investigating Panel (in this Act referred to as "the Investigating Panel") which shall be charged with the duty of-
(a) conducting a preliminary investigation into any case where it is alleged that a member has misbehaved in his capacity as an insurer or should for any other reason be the subject of proceedings before the Disciplinary Committee; and
(b) deciding whether the case should be referred to the Disciplinary Committee.
(4) The Investigating Panel shall be appointed by the Council and shall consist of four members of the Council and one insurance practitioner who is not a member of the Council.
(5) The provisions of the Second Schedule to this Act shall, so far as they are applicable to the Disciplinary Committee and the Investigating Panel respectively, have effect with respect of those bodies.
(6) The Council may make rules not inconsistent with this Act as to acts which constitute professional misconduct.