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Membership definitions

Definitions relating to membership.

Contents

A

  • admission fee

    Fee for admission to membership.

  • annual subscription

    Subscription payable by a member from time to time.

  • applicant

    Member of the Institute applying for a waiver, reduction, remission or refund of a fee or subscription.

  • application

    An application to the Members' Registrar for a waiver, reduction, remission or refund of a fee or subscription.

D

  • designated countries

    Countries which are known to the Members' Registrar as having Exchange Control regulations with delays of three or more months before release of funds or which otherwise prevent payment of the annual subscription.

H

  • half rate

    Half rate means half of the annual subscription which would normally be payable by a member.

I

  • income

    Income means all income of the applicant, whether earned or unearned, from all sources except that, for the purposes of calculating such income all pensions and State Benefits shall not be taken into account.

L

  • life membership fee

    Fee payable by an applicant seeking Life Membership.

  • low rate

    Rate of reduced subscription payable by an applicant granted such a reduction.

S

  • status

    whether or not a member is employed, is retired, is unemployed or is taking a career break and, the country of residence of a member indicated by the registered address.

T