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Membership definitions

Definitions relating to membership.

A

admission fee

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admission fee

Fee for admission to membership.

annual subscription

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annual subscription

Subscription payable by a member from time to time.

applicant

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applicant

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

application

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application

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

B

C

D

designated countries

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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.

E

F

G

H

half rate

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half rate

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

I

income

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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.

J

K

L

life membership fee

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life membership fee

Fee payable by an applicant seeking Life Membership.

low rate

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low rate

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

M

N

O

P

Q

R

S

status

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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

The Members' Registrar

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The Members' Registrar

Person of that title appointed by the Chief Executive.

U

V-Z

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