The fees, deposit and monthly subscriptions payable are as follows:

1 (i) Transfer Fees+++

The fees payable to the Club for the transfer of memberships are as follows:

Ordinary (Transferable) Membership

1. For transfer of a Local or Foreign Ordinary (Transferable) Membership to a Local Person $30,000.
2. For transfer of a Foreign Ordinary (Transferable) Membership to a non-Local Person $50,000.

Corporate (Transferable) Membership

1. For transfer of a Local or Foreign Corporate (Transferable) Membership to a Local Corporation $70,000.
2. For transfer of a Foreign Corporate (Transferable) Membership to a Non-Local Corporation $100,000.

(ii) Entrance Fees+++

The fees payable to the Club for the admission of Corporate Nominees are as follows:

1. For a Corporate Nominee or Change of a Corporate Nominee of a Local Corporate Membership $ 25,000.

2. For a Corporate Nominee or Change of a Corporate Nominee of a Foreign Corporate Membership $ 30,000.

2 Deposit

Ordinary Members, Term Members and Corporate Nominees of Corporate Members are required to maintain with the Club a Refundable Deposit of $300. (No GST)

3 Monthly Subscription+++

The monthly subscription fees payable to the Club by each Member of the Club under the following categories shall be due and payable in advance on the 1st day of each month:

Monthly Subscription Fees payable:

• Ordinary Member $150.00

  • Spouse $ 20.00

• Corporate Nominee of a Corporate Member $150.00

• • Spouse $ 20.00

• Absent Member $ 90.00 (The subscription fee shall be due and payable on each current month.)