Section 15: Admission into the Institute

(1) Subject to section 3 of this Act, and rules made under section 23 of this Act, a person shall be entitled to be enrolled as a member of the Institute if he –
(a) passes the qualifying examination for registration recognised or conducted by the Council and completes the practical training prescribed;
(b) holds academic qualification granted and for the time being accepted by the Institute and satisfies the Council that he has had requisite or relevant cognate practical experience as a risk manager;
(c) holds a qualification granted outside Nigeria and for the time being, accepted by the Institute which entitles him to practise for all purposes as a risk manager in the country in which the qualification was granted; and
(d) qualifies for registration as a member in any of the categories specified in section 3 of this Act.
(2) An applicant for registration shall, in addition to evidence of qualification, satisfy the Council that he –
(a) is of good character;
(b) has attained the age of 18 years; and
(c) has not been convicted in Nigeria or elsewhere of an offence involving fraud or dishonesty.
(3) The Council may provisionally accept academic qualification produced in respect of an application for registration under this section, or direct that the application be renewed within such period as may be specified in the direction.
(4) Any entry directed to be made in the register under subsection (3) shall show that registration is provisional, and no entry so made shall be converted to full registration without the consent of the Council, signified in writing to that effect.
(5) The Council shall, from time to time, publish the particulars of qualifications for the time being acceptable for registration by the Institute.