Section 13: Regulation of Professional Conduct.

(1) The Council shall provide guidelines to regulate the conduct of members and may from time to time remove such guidelines.
(2) Subject to the provisions of subsection (1) of this section, any code of ethics and practice applicable in the Nigerian Insurance Industry the formulation of which the Council is a party, shall be required to be adhered to or complied with by registered Insurance Brokers and bodies corporate registered or as the case may be, listed under this Act.