Requirements: 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**
* Reduction in fees granted for members who are taking a career break will only be valid for one-year. Members will need to re-apply on an annual basis
** 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