This legislation has been repealed.
(1) A Gold Member, Double Gold Member or Junior Gold Member may apply in writing to the Trust for the acceptance by the Trust of a surrender:(a) of the membership and Guest and Club cards held by the Member, or(b) of the Guest and Club cards held by the Member, or(c) if the Member does not hold any Guest or Club cards--of the membership.
(2) The Trust may accept the surrender or may decline to do so.
(3) If the Trust accepts the surrender of a membership or Guest and Club cards (or both) under this clause, the Trust may credit to the Member the sum that the Trust determines, and the Minister approves, for the time being as the sum payable generally in respect of such a surrender.
(4) The sum credited may be substantially different from the entrance fee paid in respect of the membership or the cards or the entrance fee payable at the time of the surrender in respect of similar memberships or cards.
(5) The Trust must pay to the Member the sum credited less any amount owing to the Trust by the Member (such as any annual fee due but not paid).
(6) A person whose membership has lapsed under Division 8 and has not been restored cannot surrender that membership and is not entitled to any credit in respect of it.