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ICE to get tough on subs dodgers

ICE NEWS

SUBSCRIPTION DODGING by members is costing the ICE thousands of pounds every year, finance director Ian Powney told NCE this week.

Subscriptions for 2001 were due on 1 January, but six months later over 11,000 members have yet to pay, leaving the Institution £1.2M short of funds.

Subscriptions account for over 90% of the Institution's income and delays in payment hit hard, said Powney. The £1.2M owed amounts to 14% of the ICE's annual income.

According to Powney the annual administrative cost of chasing these funds is upwards of £75,000. He urged members with outstanding subscriptions to pay up. 'This money is vital to providing services for members, ' he said.

Since 30 June the ICE has been able to expel members who refuse to pay their subscriptions. But Powney said this was a tactic of last resort would only be applied if gentle persuasion failed.

The ICE will put pressure on members with outstanding subscriptions by blocking all benefits.

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