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A reminder to
retired members regarding By-Law No. 21 (3) which requires :
(i) A minimum sum of RM2,000.00 in
the Share Capital account
(ii) A minimum sum of RM1,000.00 in the Subscription account.
Howeve; owing to the Death Benefit Fund deduction, an additional sum of
RM100.00 is required, thus
making a total of RM1,100.00 in the Subscription account.
Those members with Subscription account of less than RM1,100.00 are
required to top up.
This ruling is not applicable to retired members whose applications to
continue membership were approved before Decembe; 1996. Howeve; for
such members, kindly ensure that the
subscription account does not have a negative balance.
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