You're trying to remove any channel bans that match your address when you're opped by someone other than yourself?

Code:
on *:OP:#: {
  if (($opnick == $me) && ($nick != $me)) {
    var %i = 1,%bans
    while ($ibl(#,%i)) {
      if ($v1 iswm $address($me,5)) {
        var %bans = %bans $v1
        if ($numtok(%bans,32) == $modespl) {
          .timer 1 %i mode # $+(-,$str(b,$v1)) %bans
          var %bans
        }
      }
      inc %i
    }
    if (%bans) .timer 1 %i mode # $+(-,$str(b,$numtok(%bans,32))) %bans
  }
  ; <Other stuff>
}


~ Edit ~

Fixed mistake & shortened the code a tiny bit. This should really be move to Scripts & Popups.