TITLE

Notes of Explanation

PUB. DATE
September 2004
SOURCE
Management Services;Sep2004, Vol. 48 Issue 9, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This section presents notes of explanation of the old and proposed articles of the Council of Management of the Institute of Management Services. Bye-law number 1, 2004 amends Article 6 of the Articles of Association of the Institute to introduce a membership category of Life Membership applicable to Corporate and Non Corporate membership grades. This is regarded as a means of significantly reducing operational costs while maximizing benefit for members. Bye-law number 3, 2004 has the effect of amending the Institute's Articles of Association for the reasons given against Articles 6, 16, 32, 33, 41 and 46. Article 6 will introduce the concept of Life Membership of the Institute to both Corporate and Non Corporate members. It will also remove the right to pay half membership when paying an annual membership fee for a part year membership. It is anticipated that all new members of the Institute will opt for Life Membership with annual membership being taken by those sitting the Institute's Examination who in the main have fees paid by their employers as part of the college course fees. On successful completion of their examinations these individuals could apply for Life Membership. Article 32 reduces the size of the Council of Management of the Institute from ten to eight members with effect from the 2004 Annual General Meeting.
ACCESSION #
14536215

 

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