Section 21: The Body of Fellows of the Institute.

(1) There shall be established by the Institute a body to be known as "the Body of Fellows" which role shall be advisory and which membership shall be drawn from among marketers who have been conferred with the Institute's fellowship and have been appointed to the Body of Fellows by the Council:
Provided that all marketers who have been conferred with the Association's Fellowship before the commencement of this Act, shall form the initial membership of the Body of Fellows, and not more than 5 appointments shall be made annually by the Council into that body.
(2) The Body of Fellows shall appoint one of their members as the chairman and shall hold regular quarterly meetings provided that it shall not hold less than two meetings in any particular year.
(3) The persons appointed in accordance with the provisions of subsection (2) of this section shall each hold office for a term of 2 years from the date of appointment so however that in the event of the death, incapacity or inability for any reasons of the Chairman, another member of the Body of Fellows shall act as the chairman for the unexpired term of his appointment.
(4) The Registrar shall also be the Secretary to the Body of Fellows.