Page 78 - VACC Membership Kit 2023

5 –
FEES AND SUBSCRIPTION
(a)
4 – APPLICATIONS FOR MEMBERSHIP
Applicants for Membership must sign and forward to the Secretary an application in the form or to the following effect:
I desire to become a member of the Victorian Automotive Chamber of Commerce and agree to be bound by the constitution of the Association and the by-laws and regulations of each and any Division or Affiliated Association of which I may become a member, and authorise the entry of my name on the register of Members.
Dated this .................. day of ............................. 20 ....... Address ........................................................
Nominated Chamber Representative ................................ Signature ......................................................
Upon receipt of an application for Membership, the Secretary must inform the applicant in writing of the financial obligations arising from Membership and the circumstances, and the manner, in which a Member may resign from the Association as provided for in this Constitution and any other applicable by-laws and regulations of the Association.
Applications under clause 4(a) shall be dealt with by the Executive Board, who may only reject an application if the candidate is:
(i) a natural person who is of general bad character; or
(ii) a body corporate whose constituent documents include provisions which are inconsistent with the Principal Objects.
On notification in writing to an applicant by the Secretary of their acceptance, such applicant shall become a Member, and that person’s or entity’s name must be entered on the register of Members.
5 – FEES AND SUBSCRIPTION
Any Member admitted to Membership in any year must pay the Entrance Fee and the Subscription calculated in accordance with the following formula, or as otherwise determined by the Executive Board:
A* x annual Subscription ($) 12
*where A is the total number of whole calendar months between the date of admission and the 30th day of June next following, excluding the month in which the Member is admitted.
On payment of the Entrance Fee and annual Subscription, the Member will be entitled to the privileges of Membership until the 30th day of June after their admission.
Unless a Member resigns their Membership before 30 June in any year, they must pay the annual Subscription for the forthcoming year when due.
Failure to pay any fee or subscription when due will trigger clause 11.
(b)
(c)
(d)
(a)
(b) (c) (d)
191V: Incorporates alterations of 5 February 2021 (R2020/198 and D2020/19) Page 8 of 33 Pages