CHARTERED RISK MANAGEMENT INSTITUTE OF NIGERIA ACT, 2022
Section 20: Termination of membership.
(1) A member may resign from the Institute at any time by giving notice in writing to the Registrar.
(2) Such resignation shall take effect at the time the notice is received by the registrar unless a later date is specified in the notice, then it shall take effect on that later date.
(3) If a member -
(a) is convicted of an indictable offence;
(b) fails to comply with any of the provisions of this Act or regulations and rules made under it;
(c) has his membership fees in arrears for a period of six months or more; or
(d) conducts himself in a manner considered to be injurious or prejudicial to the character or interests of the Institute,
the Panel shall decide whether the case may be referred to the Tribunal for further action.
(4) The member concerned shall be given opportunity to present his case and if the Tribunal resolves to terminate the membership, it shall instruct the Registrar to advise the member in writing accordingly.
Cite this section
Section 20, CHARTERED RISK MANAGEMENT INSTITUTE OF NIGERIA ACT, 2022 (2022).
https://repo.podus.ai/laws/chartered-risk-management-institute-of-nigeria-act-2022/section/20/