Membership Info & Application Process
4 Steps in Applying for ABC Membership
- Review the requirement for membership.
- Complete the application forms for ABC Membership along with Audit Returns (included in this packet).
- Submit a recent copy of your publication.
- Submit a cheque for the payment of the entrance and subscription fees.
What are the Requirements for Membership?
All publications or media vehicles that sell advertising space are eligible to become members of the Bureau.
For new publications, a settling down period of 3 to 6 months after launch is required before the first initial audit can commence.
About the Application Process
The application kit consists of the following items:
- Application for Membership
- A form to apply for a share in the Bureau at a nominal cost of RM1.00
- Permanent and Additional Information – it will contain all information on the publication. A recent copy of the publication must be sent along with the application.
It is important that you nominate an individual from your publication who will serve the Bureau as the representative member. This person will be the contact person between the Bureau and your publication and will be the same person to represent and protect your interests by electing the ABC’s Board of Directors.
Audit
The audit rules and return form are also included in your membership kit. The audit returns are always completed by an auditor who must be registered with the Malaysian or Singapore Association of Accountants.
Submission
The application forms together with the most recent audit returns must be submitted to the Bureau. Do not forget to include a copy of your publication.
What Happens After ABC Receives Your Application?
The secretary of the Bureau will table your application at the next Membership Committee Meeting. the audit returns will be tabled at the following Audit Committee Meeting. When both Committees recommend the publication for membership, the application will be presented for approval at a Board Meeting. ABC Membership becomes official upon approval by the Board.
Membership Fees
Entrance Fees: RM1,000.00
One Ordinary Share: RM1.00
Annual Subscription
Newspaper: RM12.00 per ’000 circulation
Magazines: RM24.00 per ’000 circulation
The minimum subscription payable is RM600.00
Circulation Audit
The audit procedures are as follows:
- Paid publications – the print order, receipt of payment and returns are checked and all must correspond.
- Free publications – the print order to be checked and in addition to the receipt of payment for the print order.
- Controlled publications – a check on the distribution and acknowledgement.
Return on Average Net Sales
Returns are mandatorily required for a twelve month period, i.e. 1st July to 30th June of the following year. The returns must be submitted to the Bureau by 15th September following the 30th June date to which the period relates.