FEES/DEPOSIT/MONTHLY SUBSCRIPTION

The fees, deposit and monthly subscription rates are as follows:

1a) Transfer Fees+++

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

Ordinary (Transferable) Membership Transfer Fee
For transfer of a Local or Foreign Ordinary (Transferable)
Membership to a Local Person
$50,000
For transfer of a Foreign Ordinary (Transferable)
Membership to a Non-Local Person
$80,000
Corporate (Transferable) Membership
For transfer of a Local or Foreign Corporate (Transferable)
Membership to a Local Corporation
$90,000
For transfer of a Foreign Corporate (Transferable)
Membership to a Non-Local Corporation
$110,000

 

b) Entrance Fees+++

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

For a Corporate Nominee or change of a Corporate Nominee of a Local Corporate Membership $35,000
For a Corporate Nominee or change of a Corporate Nominee of a Foreign Corporate Membership $45,000

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 first day of each month:

Monthly Subscription Fees payable:

Ordinary Member / Corporate Nominee of Corporate Member $180
Spouse $30
Absent Member (subscription fee is due and shall be payable on each current month) $90

 

+++ Fees are subjected to prevailing GST rates

Last updated: 03/05/2023