Alignment of Renewal with Fiscal Year End

On February 6, 2017, the Council of the College of Traditional Chinese Medicine Practitioners and Acupuncturist of Ontario approved amendments to the College By-Laws to align the membership renewal year end with the fiscal year end.

This will line up the membership renewal date with the fiscal year by shortening the renewal period of 2017-2018 to June 1, 2017 to March 31, 2018. This will be a 10-month period renewal year, and the annual fees will be pro-rated for 10 months.

The impact of the By-Laws amendments and alignment of the renewal and fiscal year ends will mean:

  • Members will be paying a pro-rated 10-month annual renewal fee in 2017-2018.
  • Align the budgeting process with membership renewals.
  • Allow more administrative time between the Renewal period and the Pan- Canadian Examinations beginning in 2018.

During the consultation process, several questions came forward. The College has taken this opportunity to respond to these questions. Information on the alignment is available under the Alignment of Renewal Year End and Fiscal Year End section of the FAQ page. The 2017-2018 fee schedule outlines the pro-rated fees relating to registration and other College fees.