Requirements: Applications for the Reduction of Annual Subscription Fee due to retirement or special circumstances
Under By-law 48 - Normal Circumstances
- Full member currently in good standing
- Reached the age of 60 and have been a member for at least 25 years
- Has retired from practice and all other business activities
- Income earned does not exceed RM60,000 per annum*
Under By-law 48 - Special Circumstances
- Full member currently in good standing
- Have retired/ceased employment but below the age of 60 and/or has been a member for less than 25 years
- Taking a career break due to family commitments
- Due to medical or other extenuating circumstances
- Income earned does not exceed RM60,000 per annum*
Calculations on income earned
For the purpose of calculating such income, all pensions, rental and/or investments shall not be taken into account, however, renumeration from board of directorships will be taken into account. Members will be required to furnish supporting documents to confirm this