Membership

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Fees and Subscriptions

A membership application may be downloaded from the following link (please click).

APTA – Membership Application

The cost of membership is currently $130 pa and student membership is $65 pa (adjusted on a pro rata basis if you join mid year).

Upon application to become a member, the applicant must pay to the association an entrance fee determined by the committee. At the moment, there is no entrance fee.

The applicant must pay the fees to the association upon application.

Nominees may be sourced by the committee, on behalf of the applicant, if he/she is not known by any current members.

Types of Membership

Members of the association shall consist of professional members, associate members, foundation members and life members, pursuant to these rules.

(a)    Professional Members.

The committee may appoint as a professional member of the association any person who meets the requirements of Professional Membership.

(b)    Associate Members.

The committee may appoint as an associate member of the association any person who meets the requirements of Associate Membership. Associate members will have no voting rights.

(c)    Foundation Members.

The committee may appoint as a foundation member of the association any member who was accepted as a member at the associations inaugural meeting and any so appointed shall be entitled to all the privileges of membership enjoyed by a professional member upon payment of annual subscriptions.

(d)    Life Members.

The committee may appoint as a life member of the association any member who has in its opinion made a valuable or significant contribution to the association and any life member so appointed shall be entitled for life to all the privileges of membership enjoyed by a professional member without payment of annual subscriptions.  No life member shall be appointed within the first five years from incorporation.

(e) Student Members.

The committee may appoint as a student member of the association any person who meets the requirements of Student Membership. Student members will have no voting rights.

Membership Qualifications

A person is qualified to be a member of the association only if:

(1) they have been nominated for membership of the association, and

(2) they have been approved for membership of the association by the membership committee.

Professional Membership Acceptance Criteria

A person must meet the following criteria to be accepted into the association as professional members.

(1)    Must be financial

(2)    Must be prepared to adhere to the code of ethics.

(3)    Must be of good character

(4)    Must agree to submit a curriculum vitae to the membership committee if requested

(5)    Must be prepared to be interviewed by the membership committee if requested

(6)    Must agree that the findings of the membership committee (re: membership applications) are final and are not subject to challenge.

(7)    Must not be bankrupt

(8)    Must agree not to bring the association into disrepute

(9)    Must agree to abide by privacy principles and legislation

(10)   Must agree to provide, if so requested, a signed declaration that they are a professional technical analyst – i.e. those who source a significant proportion of their income from technical analysis either directly or indirectly.

(11)   Must agree to make no representations as to endorsements

(12)   Must agree that the authority to use the associations logo is vested with the committee.

(13)   Must agree to abide by the association’s rules.

Associate Membership Acceptance Criteria

A person must meet the following criteria to be accepted into the association as associate members.

(1)    Must be financial

(2)    Must be prepared to adhere to the code of ethics.

(3)    Must be of good character

(4)    Must agree to submit a curriculum vitae to the membership committee if requested

(5)    Must be prepared to be interviewed by the membership committee if requested

(6)    Must agree that the findings of the membership committee (re: membership applications) are final and are not subject to challenge.

(7)    Must not be bankrupt

(8)    Must agree not to bring the association into disrepute

(9)    Must agree to abide by privacy principles and legislation

(10)   Must have an identifiable interest in technical analysis and maintain a desire to further advance their skill set within this area of interest.

(11)   Must agree to make no representations as to endorsements

(12)   Must agree that the authority to use the associations logo is vested with the committee.

(13)   Must agree to abide by the association’s rules.

Student Membership Acceptance Criteria

A person must meet the following criteria to be accepted into the association as a student member.

(1) Must be financial

(2) Must be prepared to adhere to the code of ethics.

(3) Must be of good character

(4) Must be enrolled in any relevant and appropriate course of study in the financial services industry, as determined by the Committee from time to time.

(5) Must submit evidence of such enrolment to the Association upon membership application and renewal

(6) Must be prepared to be interviewed by the membership committee if requested

(7) Must agree that the findings of the membership committee (re: membership applications) are final and are not subject to challenge.

(8) Must not be bankrupt

(9) Must agree not to bring the association into disrepute

(10) Must agree to abide by privacy principles and legislation

(11) Must have an identifiable interest in technical analysis and maintain a desire to further advance their skill set within this area of interest.

(12) Must agree to make no representations as to endorsements

(13) Must agree that the authority to use the associations logo is vested with the committee.

(14) Must agree to abide by the association’s rules.

Nomination for Membership

(1) A nomination of a person for membership of the association:

(a) must be made by two members and one committee member of the association, on the required form, and

(b) must be lodged with the Secretary of the association and

(c) be properly completed and must be accompanied by a remittance in payment of the entrance fee and annual membership fee.

(2) As soon as practicable after receiving a nomination for membership, the Secretary will refer the nomination to the membership committee which shall determine whether to approve or to reject the nomination. No reason for rejection needs to be given.

(3) As soon as practicable after the committee makes that determination, the Secretary will

(a) Notify the nominee, in writing, that the committee approved or rejected the nomination (whichever is applicable), and

(b) If the committee approved the nomination, issue a receipt for the sum payed under these rules by a member as entrance fee and annual membership fee.

(c) If the committee does not approve the nomination, notify the nominee and refund the entrance fee and the annual membership fee paid at the time of nomination.

Membership Entitlements Not Transferable

A right, privilege or obligation which a person has by reason of being a member of the association:

(a) is not capable of being transferred or transmitted to another person, and

(b) terminates on cessation of the member’s membership.

Member Associations

1.     Any organisation which has objectives similar to the objectives of the Association may be granted recognition by the Association as an affiliated organisation. An affiliated organisation may represent itself as being affiliated with the Association;

2.     An application for recognition as an affiliated organisation shall be considered and dealt with by the Committee, which may, in its absolute discretion, grant or refuse to grant affiliation to the applicant organisation. The Committee may withdraw affiliation at any time following which the organisation shall no longer be entitled to represent itself as being affiliated with the Association;

3.     An affiliated organisation must pay to the Association an annual fee determined by the Committee;

4.     An affiliated organisation’s members shall be called colleagues;

5.     An affiliated organisation must provide a register of it’s members to the Association’s public officer when required by the Committee;

6.    A colleague shall have no voting rights and not be entitled to be a member of the Committee;

7.     A colleague shall have the right to attend meetings of the Association and any other privileges, other than excluded in 6 as determined by the Committee from time to time;

8.     An affiliated organisation or colleague shall have no liability to contribute to the payment of the debts and liabilities of the Association, other than those described in 3., nor the cost, charges and expenses of the winding up of the Association.

9.     The Committee may certify under it’s hand and seal that a colleague has successfully passed the examinations conducted by the Association or has otherwise satisfied the Association that the colleague is entitled to call him self or her self and “Accredited Market Technician (AMT)” upon payment of a fee determined by the Committee from time to time;

10.     All colleagues who have undertaken and successfully completed the Securities Institute of Australia, FINSIA or Kaplan Australia E114, Fin231, E171 or 9063 technical analysis courses or the International Federation of Technical Analysts (IFTA) CFTe examinations or the Market Technicians Associations’ (MTA) CMT examinations may be eligible to apply for accreditation upon payment of a fee as determined by the Committee from time to time;

 

Comments or questions are welcome.

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