Section 18: Rules as to training, etc.

(1) The Council may make rules for-
(a) the training in insurance of suitable persons in insurance methods and practice; and
(b) the supervision, regulation, engagement, training and transfer of such persons.
(2) The Council may also make rules-
(a) prescribing the amount and due date for payment of the annual subscription and for such purpose different amounts may be prescribed by the rules according to whether the person is enrolled as a fellow, including honorary fellow, associate, including honorary associate, a student or an ordinary member;
(b) prescribing the form of licence to practice to be issued annually or if the Council thinks fit, by endorsement on an existing licence; and
(c) restricting the right to practise insurance in default of payment of the amount of the annual subscription where the default continues for longer than such period as may be prescribed by the rules.
(3) Rules when made under this section shall, if the Chairman of the Council so directs, be published in the Gazette.