MALAWI INSTITUTE OF PROCUREMENT AND SUPPLY

CHAPTER 30:15
MALAWI INSTITUTE OF PROCUREMENT AND SUPPLY

ARRANGEMENT OF SECTIONS

    SECTION

PART I
PRELIMINARY

    1.    Short title

    2.    Interpretation

PART II
THE MALAWI INSTITUTE OF PROCUREMENT AND SUPPLY

    3.    Establishment of the Malawi Institute of Procurement and Supply

    4.    Functions of the Institute

    5.    Board of Directors

    6.    Composition of the Board

    7.    Disqualification of members of the Board

    8.    Tenure of office of members of the Board

    9.    Allowances of the Board of Directors

    10.    Meetings of the Board

    11.    Chief Executive Officer

    12.    Other employees of the Institute

PART III
REGISTRATION OF MEMBERS

    13.    Registration

    14.    Application for registration

    15.    Registration of full members

    16.    Registration of affiliate members

    17.    Registration of student members

    18.    Honorary members

    19.    Corporate members

    20.    Foreign procurement and supply management professionals

    21.    Registers

    22.    Publication of list of members

    23.    Subscription fees

    24.    Disqualification from membership

    25.    Cessation of membership

    26.    Appeals Board

PART IV
DISCIPLINARY PROVISIONS

    27.    Disciplinary Committee

    28.    Powers of inquiry of the Disciplinary Committee

    29.    Application of rules of natural justice

    30.    Proceedings of the Disciplinary Committee

    31.    Report of proceedings

PART V
COMMITTEES OF THE BOARD

    32.    Education and Qualifications Committee

    33.    Functions of the Education and Qualifications Committee

    34.    Professional Practice Committee

    35.    Functions of the Professional Practice Committee

PART VI
FINANCIAL PROVISIONS

    36.    Funds of the Institute

    37.    Investment power

    38.    Compliance with Caps. 37:01, 37:02 and 37:03

    39.    Borrowing powers

    40.    Accounts and audit

    41.    Annual report

    42.    Financial year

PART VII
MEETINGS OF THE INSTITUTE

    43.    Meetings

    44.    Quorum

    45.    Procedures at meetings

PART VIII
MISCONDUCT AND OFFENCES

    46.    Misconduct relating to practice

    47.    Offences and penalties

PART IX
MISCELLANEOUS PROVISIONS

    48.    Transitional arrangements

    49.    Rules

    50.    Regulations

3 of 2016
G.N. 9/2016

    An Act to provide for the establishment of the Malawi Institute of Procurement and Supply; the registration of procurement and supply chain management professionals; the regulation of the procurement and supply chain management profession; and to provide for matters connected therewith and incidental thereto

PART I
PRELIMINARY

1.    Short title

    This Act may be cited as the Malawi Institute of Procurement and Supply Act.

2.    Interpretation

    In this Act, unless the context otherwise requires—

    “affiliate member” means a member of the Institute registered pursuant to section 16;

    “Appeals Board” means the Appeals Board established under section 26;

    “Board” means the Board of Directors appointed pursuant to section 5;

    “corporate member” means a member of the Institute registered pursuant to section 19;

    “Disciplinary Committee” means the Disciplinary Committee constituted under section 27;

    “Education and Qualifications Committee” means the Education and Qualifications Committee constituted under section 32;

    “full member” means a member of the Institute registered pursuant to section 15;

    “honorary member” means a member of the Institute registered pursuant to section 18;

    “Institute” means the Malawi Institute of Procurement and Supply established under section 3;

    “Professional Practice Committee” means the Professional Practice Committee established under section 34;

    “procurement and supply management professional” means any person who has undergone special and formal training in procurement and supply management and other related professional courses in procurement and supply management and has attained formal qualification from such training; and

    “student member” means a member of the Institute registered pursuant to section 17.

PART II
THE MALAWI INSTITUTE OF PROCUREMENT AND SUPPLY

3.    Establishment of the Malawi Institute of Procurement and Supply

    (1) There is hereby established a body to be known as the Malawi Institute of Procurement and Supply.

    (2) The Institute shall be a body corporate which shall—

    (a)    have perpetual succession and a common seal;

    (b)    be capable of suing and being sued in its corporate name;

    (c)    be capable of acquiring and disposing of any moveable or immovable property; and

    (d)    perform such acts as a body corporate may, by law perform.

    (3) The Institute shall be autonomous and independent of the direction of any person and have power to perform such functions and exercise such powers as conferred by this Act.

4.    Functions of the Institute

    The Institute shall—

    (a)    register procurement and supply chain management professionals, pursuant to this Act;

    (b)    establish educational standards and qualifications for the procurement and supply chain management profession in Malawi;

    (c)    set the professional standards of procurement and supply chain management professionals in collaboration with educational institutions, professional institutions, government departments, commercial institutions and similar international…