The annual subscription, entrance and transfer fees and life compounding fees payable by the various classes of members shall be as set out in the following table.

Annual Membership	:	Rs.2500
Life Membership	:	Rs.10000
Corporate Membership	:	Rs.25000
Institutional Membership	:	Rs.50000

Every candidate for the election to appropriate class shall pay a registration fees with application which shall not be refundable, irrespective of whether the candidate is elected or otherwise.

All annual Academy fees shall be due on the first day of April in each year then commencing. The acceptance of an annual subscription from a person who ceased to be member shall not create any presumption as to membership of Academy.