Section 17: Rules as to practice, etc.

(1) The Council may make rules to guide training in banking methods and practice.
(2) The Council may also make rules-
(a) prescribing the amount and date for payment of the annual subscription and for such purposes, different amounts may be prescribed by the rules according to whether the person is registered as an Ordinary Member, Student Member, Graduate Member, Associate Member, Honorary Senior Member, Honorary Fellow or Fellow ; and
(b) restricting the right to membership of the Institute in default of payment of the amount of the annual subscription where the default continues for more than one year or such period as may be prescribed by the rules.
(3) Rules when made under this section shall, be published in the Institute's Journal.
(4) Any member of the Institute who fails to pay the annual subscription for one year or such period as may be prescribed by the Council may have his name removed from the register of members.