CBFFAJ Documents (Click Below)

 
   

1. Each applicant shall upon being accepted as a member of the Association pay to the Association an initial subscription fee which shall be determined by the Executive of the Association and confirmed at the Annual General Meeting of the members from time to time. This initial subscription fee shall be non-refundable and should be paid in full prior to the applicant being admitted into the register of members for the Association as a member. The initial subscription fee may be varied from time to time and shall be deemed to be a debt due to the Association from the applicant on admission as a member.

2. All members of the Association shall pay an annual subscription fee which shall be determined by the Executive of the Association and confirmed at the Annual General Meeting of the members. Such annual subscription fee may be varied from time to time and shall be deemed to be a debt due to the Association and shall be due 30 days after the holding each year of the Annual General Meeting of the Association.

3. If any member shall fail to pay its initial subscription fee aforesaid on or before the 60th day after it became due, notice shall be mailed to that member by the Secretary of the Association calling the member's attention to its failure to pay and if payment is not received within 30 days from the date on such notice is sent to that member by registered post the Executive of the Association may terminate the membership of such member.

4. Collective Licensing Customs Binding Fees

a. Subject to the provisions of paragraph (b) of this sub-clause 4 each member shall bear its pro-rata share of the costs of maintaining any Customs Licensing Bond facilities issued to the Commissioner of Customs and undertaken by the Association on behalf of its members . This cost to be bourne by each member shall be an additional membership fee which shall be non-refundable and shall be paid to the Association as and when directed by the Executive. In the event that the cost of maintaining any such aforesaid Customs Licensing Bond facilities shall increase each member shall immediately pay to the Association by way of a non-refundable fee such sum as represents such as represents such member's pro rata share of the additional cost of maintaining such Customs Licensing Bond facilities

b. The provisions of this Constitution and any canons as regards the Collective Licensing Customs Bond and Fees payable in relation thereto shall not apply to any member who shall have given to the Executive evidence, satisfactory of the Executive, that he has posted his own bond.

5. General Matters

All fees paid to the Association shall be non-refundable and when due and payable shall constitute debts owing to the Association. All title and property to any fees and moneys due to the Association by any member shall belong to the Association absolutely and not be returned to any member in the event of the termination of the membership of such member. The Association shall be entitled to take such actions as it think fit for obtaining any amounts due and owing to it by any member and every member shall refrain from using its voting rights and other powers of control in relation to the Association to prevent or delay any such action being taken by or on behalf of the Association.