Continuous Amendments to PYK Membership Terms and Conditions
10 Receipt in your Payment Receipt Booklet. 2.2 You must also complete an MPP Form to become a Member of the Trust and must submit the completed MPP Form to a Pay Point for inclusion in the Payment Receipt Booklet. 2.3 A person who satisfies the above requirements shall be a Member from the later of the date of issue of the Membership Book, or the date of payment of an initial Membership Contribution. Note that the date of payment is determined as provided for in the Master Regulations. 2.4 A Member shall continue to be a Member for as long as such person remains a member of ZCC. 2.5 Note, in terms of the Trust Deed and the Master Regulations that the Trust may terminate your Membership where you no longer meet the requirements for Membership of the Trust, even if you are still a member of the ZCC. 3. EXISTING MEMBERS 3.1 All Members who were a Member of the Trust at the Effective Date, shall qualify as an Existing Member. 3.2 If you are an Existing Member, you will remain a Member of the Trust provided that you must meet and continue to meet the requirements for Membership to the Trust as set out in paragraph 2 above. 4. MEMBERSHIP BOOKS: HOW THEY WORK 4.1 A Membership Book consists of, amongst others, this Membership Terms and Conditions Booklet and the Payment Receipt Booklet. Existing Membership Books are addressed under paragrap h 5 below. 4.2 This Membership Terms and Conditions Booklet includes the terms and conditions applicable to Membership, as well as all information in respect of the Basic Benefits provided and/or procured as part of Membership to the Trust. 4.3 The Payment Receipt Booklet provides for the affixing of Receipts as evidence of payment of your Membership Contributions, and any other receipts issued by the Trust (such as the Leeto la Moria Receipts), conclusion and inclusion of the MPP Form and/or the AMPP Form, respectively and/or other information.
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