AM1: Application for Affiliate Membership for those who:
An applicant for Affiliate Membership should:
- Have passed the Joint Insolvency Examination (JIE) set by the Joint Insolvency Examination Board (JIEB); or
- Have passed the JIEB Personal Insolvency Paper and been engaged in the three years immediately before applying in insolvency administration involving not less than 400 hours higher experience in insolvency administration [see Definitions at Appendix I]; or
- Have passed the JIEB Company Insolvency Papers and been engaged in the three years immediately before applying in insolvency administration involving not less than 500 hours higher experience in insolvency administration [see Definitions at Appendix I]; or
- Have passed the IPA Certificate of Proficiency in Insolvency Examination (CPI); or
- Have been engaged in the five years immediately before applying in insolvency related work [see Definitions at Appendix I] involving not less than 2000 hours experience; or
- Have made a significant contribution to the knowledge and practice of insolvency [see Definitions at Appendix I]
Generally, an applicant will be expected to have been engaged in insolvency administration or insolvency related work for not less than 100 hours in each of the three years or five years before applying.
You may be eligible to become a full Ordinary Member for which you should use Form OM1 if you
- Have passed JIE and have 600 hours higher level insolvency administration experience in the three years before applying; or
- Have passed the CPI and have 1,800 hours insolvency administration experience, including 1,200 hours higher insolvency experience, in the three years before applying; or
- Have 3,000 hours insolvency administration experience, including 1,200 hours higher insolvency experience, in the five years before applying
- Insolvency related work is defined in the Articles as work requiring knowledge and understanding of current UK insolvency legislation and practice and would include working in a general accountancy, legal or equivalent practice or in a banking or financial institution or other business or organisation or in a government department or agency or public authority where insolvency knowledge and understanding is relevant, as well as advisory and representative work for an insolvency practitioner or anyone who is a party to or whose interests are affected by insolvency or reorganisation or reconstruction of an insolvent’s affairs (whether or not subject to a formal insolvency procedure).
- Significant part is defined in the Membership Guidance Criteria as an average of 400 hours a year in each of the five years preceding the application.
- Significant contribution to the knowledge and practice of insolvency is for Council to judge, but would include authorship of recognised published insolvency books, articles and research: applicants on this basis should submit a summary of the matters which they would invite Council to consider in support of their application.
Your Experience and Qualifications
If you have passed the CPI or the JIE there are no experience or other qualification requirements to become an Affiliate Member; but the information requested will nevertheless be helpful to us to know something about your background. If you are applying on the basis of insolvency related work experience, that should be confirmed by your employer(s). If your application is on a significant contribution basis, then your experience and qualifications will be helpful to us in considering it.
Your application should be supported by two sponsors:
- an insolvency practitioner (IP) (whether or not a member of or authorised by the IPA); and
- another IP or a member of a professional body or some other person of standing who are each able to vouch for your good character and suitability to become an Affiliate Member of the IPA.
Your sponsors should provide a letter addressed to the President of the IPA (not “to whom it may concern”) setting out:
- his/her full name, address, telephone and fax numbers and e-mail;
- his/her job title/position and any qualifications, honours, decorations
- the capacity in which he/she has known you, and for how long
- his/her view of your character and suitability to be an Affiliate Member of the IPA
The IPA may make such further and other enquiries of third parties as it considers appropriate to satisfy itself as to your suitability to be an Affiliate Member
Membership Fee 2020
Should your Membership not be accepted by the Association then we will refund the fee in full.
|New Members: Entrance Fee||£160|
|Affiliate Membership (employed by a Firm Member)||£285|
|Affiliate Membership (employed by a Non Firm Member)||£345|
|TOTAL (Member Firm)||£445|
|TOTAL (Non Member Firm)||£505|