ARTICLE 21 ENTRANCE FEE, ANNUAL SUBSCRIPTION, AND OTHER CONTRIBUTIONS TO THE ESTABLISHED FUNDS
(13) General Council shall be empowered to credit five (5) percent of the donation of RM5,000.00 to the Surveyor's Benevolent Fund.
The objectives of the Surveyors’ Benevolent Fund are as follows;
3.1 The Council shall be empowered to appoint the Chairman of Surveyors’ Benevolent Fund Committee. In order to manage the said Fund, the appointed Chairman must form his/her committee with at least five (5), but not more than six (6) members represented by surveyors from all RISM divisions and related RISM officer(s).
3.2 The Term of Reference (ToR) of the said committee among others are as follows;
The qualified persons to receive such relief shall be in conditions of;
5.1 Upon confirmation received on the bereavement of the member, the Committee will instruct the RISM Secretariat to prepare the necessary documentation for the disbursement of funds to the next of kin.
5.2 A formal application must be submitted within 6 months to the RISM providing for the disbursement of funds.
The quantum of the award to the qualified persons for loss of capabilities, major illness, and death are as follows;
7.1 The applicants shall be submitted the Surveyors’ Benevolent Fund Form to the Committee or related the RISM officer with supporting documents such as a certified copy of Death Certificate
7.2 Recipient must sign the Acknowledgement Slip upon receipt of the funds for record purposes.
The payment will be made by cheque or electronic fund transfer (EFT) to the eligible next of kin within seven (7) working days after the application has been submitted.