NIGERIAN INSTITUTE OF MANAGEMENT ACT 2003

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LAWS OF THE FEDERATION OF NIGERIA-

NIGERIAN INSTITUTE OF MANAGEMENT ACT

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EXPLANATORY MEMORANDUM

An Act to establish the Nigerian Institute of Management; and for related matters.

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ARRANGEMENT OF SECTIONS

PART I – Establishment of the Nigerian Institute of Management, Governing Council and its Duties

1. Establishment of the Nigerian Institute of Management and its duties.
2. Election of the Principal Officers of the Institute.
3. Governing Council and its membership.
4. Appointment of Board of Fellows.

PART II – Financial Provisions

5. Funds of the Institute.

PART III – The Registrar

6. Appointment and duties of the Registrar and preparation of the Register.
7. Publication of Registers and list of corrections

PART IV – Registration

8. Registration of professional management practitioners.
9. Approval of qualifications, etc.
10. Supervision of instruction and examinations leading to approved qualifications.

PART V – Professional Discipline

11. Establishment of Professional Management Disciplinary Tribunal and Professional Management Investigating Panel.
12. Penalties for unprofessional conducts, etc.

PART VI – Miscellaneous and General

13. Application of this Act to enrolled persons.
14. When a person is deemed a management practitioner.
15. Rules as to practising fees, etc.
16. Honorary membership.
17. Provision of library facilities, etc.
18. Regulations and rules.
19. Transfer to the Institute of certain property, etc.
20. Offences.
21. Interpretation.
22. Citation.

SCHEDULES

First Schedule – Supplementary Provisions relating to the Council

Second Schedule – Transitional Provisions as to Property, etc.

Third Schedule – Supplementary Provisions relating to the Disciplinary Tribunal and Investigating Panel

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CHAPTER N149 – NIGERIAN INSTITUTE OF MANAGEMENT ACT

An Act to establish the Nigerian Institute of Management; and for related matters.

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[Commencement.] [19th June, 2003]

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