£40 reward if you introduce a new member

Introduce a friend or colleague to join the Institute and you will be rewarded for it!

Please submit details of a friend or colleague who wishes to join the Institute and upon acceptance of their application and payment of a year's membership subscription, you will be paid £40(€46) in appreciation. If you introduce more than one person you will receive £40(€46) for each. The following are not eligible: introductions made under other membership recruitment schemes or activity; re-introductions of lapsed members or enquirers.

I understand you will send a payment for £40 (€46) if the application is successful and when a year's subscription for membership has been paid.