Editor's Blog1 min ago
Club membership - intangible asset
3 Answers
Can membership of a club ever be defined as a chose in action/intangible asset?
Can a club charge twice for membership where a member has failed to renew their subscriptions for several months after expiry of the previous club-year?
Can a club charge twice for membership where a member has failed to renew their subscriptions for several months after expiry of the previous club-year?
Answers
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Clubs have rules which are registered and members sign to abide by the rules when they join and pay their subscription.
Some club memberships are very hard to obtain and therefore could be deemed an asset.
Clubs exist in many forms and range from social clubs to large tennis or sports/ country clubs.
It is not unknown for a fee to be charged for non renewal on time, some clubs are run by part time staff and late payment causes additional admin work for them.
It is also possible that previous years membership must be paid up to allow membership to be renewed.
Try talking to the Membership Secretary or the Club Secretary who may explain further or come to an arrangement.
Some club memberships are very hard to obtain and therefore could be deemed an asset.
Clubs exist in many forms and range from social clubs to large tennis or sports/ country clubs.
It is not unknown for a fee to be charged for non renewal on time, some clubs are run by part time staff and late payment causes additional admin work for them.
It is also possible that previous years membership must be paid up to allow membership to be renewed.
Try talking to the Membership Secretary or the Club Secretary who may explain further or come to an arrangement.
I agree with LawMan. Club Rules create a contract-network binding Club and all members. If Rules say that someone has to pay twice, that's the way it goes.
BUT Rules are unlikely to lead to contract dispute in most cases. I've never heard of a Club suing a non-payer, although I can see no reason why it couldn't.
BUT Rules are unlikely to lead to contract dispute in most cases. I've never heard of a Club suing a non-payer, although I can see no reason why it couldn't.
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