NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT

Section 2: Duties of the Council.

2003Section 2 of 35Federal Republic of Nigeria

The duties of the Council shall be to(a) establish and maintain a central organisation for Insurance Brokers;
(b) enrol insurance broking body corporate;
(c) secure in accordance with the provisions of this Act the establishment and maintenance of a register of insurance brokers containing the names, addresses and qualifications and such other particulars as may be prescribed of all persons who having applied in the prescribed manner, are entitled under the provisions of this Act to be registered and the publication, from time to time, of the lists of these persons;
(d) encourage the dissemination of knowledge, education, practical training and research into the profession;
(e) establish and maintain a library;
(f) arbitrate or settle dispute or questions between members and other parties and discipline of members;
(g) do such things from time to time aimed at elevating the status of Insurance Brokers and the protection of their interests and procure their general efficiency and proper professional conduct; and
(h) perform through the Governing Board established by section 3 (1) of this Act the functions conferred on it.

Cite this section

Section 2, NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT (2003).

https://repo.podus.ai/laws/nigerian-council-of-registered-insurance-brokers-act/section/2/