Master Regulations

18 7.2.3.1 giving notice via Pay Points of any change and the effective date thereof; and 7.2.3.2 issuing Pay Points with Receipts showing the new Membership Contribution, which Receipts will be issued by Pay Points from the effective date of such new Membership Contribution. 7.3 Membership Contribution amount 7.3.1 The Membership Contribution payable each Month as envisaged in regulation 7.1 is set out in Annexe A.4 , as amended from time to time, and shall, on signature by the Trust, form part of these Master Regulations in substitution of any previous annexures or schedules dealing with the Membership Contributions. 7.4 Payment of Membership Contributions 7.4.1 After payment of an initial Membership Contribution as envisaged in regulation 6.2.2, a Member shall thereafter pay a Membership Contribution each subsequent Month. 7.4.2 A Membership Contribution - 7.4.2.1 is due on the first day of each Month; 7.4.2.2 must be paid on or before the last day of such Month; 7.4.2.3 must be paid to a Pay Point or through such other Payment Method as prescribed and permitted by the Trust from time to time; and 7.4.2.4 must be evidenced by a Receipt. 7.4.3 Payment of the Membership Contributions is a condition to i) Membership to the Trust; and ii) the Member's entitlement to Benefits, subject to the Basic Benefits Regulations and the Enhanced Benefits Regulations. 7.4.4 Should a Member fail to pay his/her Membership Contribution to the Trust – 7.4.4.1 the Member may no longer be entitled to the Benefits as prescribed in the Regulations; and