Section 37: Payment of membership and practising fees.

(1) No person shall practise in any year unless he has paid to the Institute the appropriate practising fees prescribed by the Board which shall be due in January of each year.
(2) A person with at least 35 years post registration experience or who has attained the age of 70 years is exempted from the payment of practising fees.
(3) A registered personnel who fails to pay the prescribed practising fee by 31st day of March of every year shall, in addition to the fee, pay a fine of a sum which is equivalent to 10 per cent of the applicable fee within the year.
(4) A registered personnel who has paid his practising fee in any year as prescribed in subsection (1) or who is exempted from payment of practising fee under subsection (2), is entitled to a practising licence for that year authorising him, subject to any enactment or regulation in force applicable to him, to cany on any legitimate business relating to hospitality, travel and tourism.
(5) The Institute may vary the practising fees prescribed in subsection (1) provided that the variation of the practising fee does not come into force unless it is approved by the Board.
(6) A member who, in respect of any year, practices the profession without paying his annual practicing fee commits a misconduct and is liable-
(a) in the case of a first offender, to a fine of twice the prescribed practicing fee;
(b) in the case of a second or subsequent offender, to a fine of not less than 10 times the prescribed practising fees; and
(c) where he is in the employment of any person, the employer commits an offence and is liable in like manner as the member where it is proved that failure to pay the prescribed fees was with the knowledge, consent or connivance of the employer.