NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT
Section 20: Erasure from Register and List on ground of fraud or error.
(1) Where it is proved to the satisfaction of the Disciplinary Committee that any entry in the Register or List has been fraudulently or incorrectly made, the Disciplinary Committee may, if it thinks fit, direct that the entry be erased from such Register or List.
(2) An individual may be registered or a body corporate enrolled in pursuance of this Act notwithstanding that his or its name has been erased under this section.
(3) When it is so erased on the ground of fraud, that individual or body corporate shall not be registered or enrolled except on an application in that behalf to the Disciplinary Committee and on any such application, the Disciplinary Committee may, if it thinks fit, direct that the individual or body corporate shall not be registered or enrolled, or shall not be registered or enrolled until the expiration of such period as may be specified in the direction.
(4)
Where the Disciplinary Committee directs that the name of an individual or body corporate shall be removed from the Register or List under this section, the Executive Secretary shall serve on that individual or body a notification of the direction and a statement of the Committee's decision.
Cite this section
Section 20, NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS ACT (2003).
https://repo.podus.ai/laws/nigerian-council-of-registered-insurance-brokers-act/section/20/