Section 27: Interpretation.

In this Act -
"Council" means the Council established as the Governing Council of the Institute under section 6 of this Act;
"enrolled" means registered in the part of the register relating to Students, Associates, Senior Associates, Registered Risk Manager, Honourary Chartered Risk Manager, Fellow Chartered Risk Manager as the case may be;
"fees" includes annual subscriptions;
"Incorporated Institute" means the Risk Management Association of Nigeria and RIMAN Risk Management Institute incorporated under the Companies and Allied Matters Act, No. 3, 2020;
"Institute" means the Chartered Risk Management Institute of Nigeria established under section I of this Act;
"Institutional member" means a corporate member of the Institute practicing risk management;
'member" means a member of the Institute;
"Minister" means the Minister responsible for education;
"Panel" has the meaning assigned by section 18 (l) of this Act;
"President" and "Vice-President" mean respectively the office-holders under those names in the Institute;
“register" means the register maintained under section 13 of this Act;
"Registered Risk Manager" means a member of the Institute who is not an Associate, Senior Associate, Honourary Member, Chartered Risk Manager or a Fellow Chartered Risk Manager;
"Student member" means a member of the Institute who is in higher institutions or other institutions of learning; and
"Tribunal" has the meaning assigned to it by section 18 (3) of this Act.