| a) |
The
account of each Member and any candidate for membership
shall be made up at such time or times as may be decided
by the Committee and shall become due and payable when
rendered. |
| (b)
|
The
Committee may at any time and without assigning any reason
call upon any Member to pay any amount due to the Club
within seven (7) days of such call or may call upon any
Member to make a fixed deposit or to keep his account
in credit and when such credit is exhausted he may be
notified in writing by the Honorary Secretary by registered
post calling upon him to pay within seven (7) days such
amount to the credit of his account as the Committee may
decide. |
| (c) |
If
a Member shall fail to pay any monies due by him to the
Club before the expiration date of one (1) calendar month
from the date when the same became due or if called upon
to pay the same within seven (7) days under this Rule
15 he shall fail to pay the same within further seven
(7) days after the notice from the Honorary Secretary
requiring payment has been posted to him by registered
post, the Committee shall be entitled by resolution to
suspend such Member from all activities of the Club and
to post such Member as a defaulter. |
| (d) |
If
any monies due and owing to the Club remain unpaid for
the period of fourteen (14) days from the date of posting,
the Member in default shall cease at be a Member of the
Club and his name shall be erased from the books of the
Club and the Committee shall be entitled to dispose his
assets or asset situated within the Club premises which
shall include the mooring areas and pontoons under the
Club management or administration, whether by private
sale or auction or any other means and manner as determined
by the Committee and use the proceeds from such sales
to pay the outstanding moneys owing to the Club and forfeit
the remaining balance to the Club and if such sale proceeds
shall be insufficient to cover the outstanding moneys
owing, the Club shall be entitled to take further action
to recover the moneys. |
| (e)
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