a.  Admission fee and annual subscription chargeable from each class of Membership shall be fixed by the Executive Committee.

b.  If a Member fails to pay the membership subscription at the latest by the 31st March “each year, the name of such Member shall be deemed to have been automatically struck off from the register and shall cease to be a Member of the Chamber with effect from 1st April of that year. Provided that a Member who has thus ceased to be a Member shall not be re-admitted unless the admission fee is paid afresh, besides the annual subscription.