Bearing in mind the proviso under Rule 6 which reads as follows:-

"PROVIDED ALWAYS that the Management Committee shall have the power of waiver in respect of the application of such conditions for membership, in specific cases, as it shall in its absolute discretion consider desirable or appropriate."

The following guidelines shall apply to both Ordinary and Associate Members:-

Foreign Controlled Companies

• Working Capital - all foreign controlled companies, whether registered as "Ordinary" or "Associate" members, shall satisfy the Management Committee that they have adequate working capital to finance their operations.
  
  
• Capital Requirements - foreign controlled locally incorporated companies shall be required to have a minimum paid-up capital of RM500,000. In the case of sole proprietorship/partnership/unlimited companies, a Bank Guarantee in the sum of RM500,000 shall be supplied.
  
  
• Directors - particulars of all directors, including their nationality, working experience, the extent of their interests and affiliations in other rubber and related companies shall be revealed to the Management Committee to enable the Management Committee to assess their suitability.
  
  Further particulars relating to relevant experience/qualifications of key personnel actually in charge of day-to-day perations of foreign controlled and joint venture companies shall be revealed to the Management Committee in the interests of adequate management.
  
  The directors or partners of the company applying to become a member should not be classified as a defaulter in any of the company/companies where he had previously been a director/partner.
  

• Capital Requirements - locally incorporated companies shall have a paid-up capital at all times amounting to a minimum of RM500,000. In the case of sole proprietorship/partners/unlimited companies, a Bank Guarantee in the sum of RM500,000 shall be supplied.
  
  
• Bumiputra applicants shall have a paid-up capital at all times amounting to a minimum of RM300,000. In the case of sole proprietorship/partners/unlimited companies, a Bank Guarantee in the sum of RM300,000 shall be supplied.
  
  
• Management Directorship - The Management Committee shall be satisfied that local firms applying for membership shall have adequate management and expertise.
  
  Particulars of directors/chief officers shall be revealed to the Management Committee.
  
  The directors or partners of the company applying to become a member should not be classified as a defaulter in any of the company/companies where he had previously been a director/ partner.
  
  The Management Committee shall be satisfied in respect of the "bona fides" of any business registered under any of its membership classification.

1. The original Membership Policy Guidelines was drawn up in 1974 and approved by the 13th MRELB Board Meeting held on September 28, 1974.
   
2. The guidelines was then subsequently amended incorporating amendments approved by:-
   
   (i) the 18th MRELB Board Meeting held on February 28, 1975.
   (ii) the 33rd MRELB Board Meeting held on May 29, 1976.
   (iii) the 54th MRELB Board Meeting held on April 18, 1979.
   (iv) the 63rd MRELB Board Meeting held on December 17, 1980.
   (v) the 65th MRELB Board Meeting held on May 30, 1981.
   (vi) the Special MRELB Board Meeting held on May 31, 1983.
   (vii) the 81st MRELB Board Meeting held on December 22, 1984.
   (viii) the 87th MRELB Board Meeting held on September 20, 1986.
   (ix) the 89th MRELB Board Meeting held on April 2, l987.
   (x) the 114th MRELB Board Meeting held on July 26, 1996.
   (xi) the 13th MRE Management Committee Meeting held on 20 April 2001.
   (xii) the 27th MRE Management Committee Meeting held on 10 September 2004.