TMA-SA registration

Registration procedure

Step 1: Determine which membership category you belong to (see categories below), and then which membership fee is applicable from the tables below.

Step 2: Complete and submit the electronic Application form.

Step 3: After submitting your application, please wait a week or so for approval of your membership.  Once approved, the Administrator will contact you and furnish you with an invoice.

Step 4: Please pay your membership fee into the TMA-SA bank account (details below), and fax or email proof of payment to the address at the bottom of the page. 

Once payment has been received, your registration will be reflected on the Member directory page.

Your registration details will be sent to TMA who will issue a TMA member ID, which you need to access the TMA web site.

The Administrator will email you with your TMA member ID when received.

New members are welcome to contact the Administrator for details about registration queries (see contact details at the bottom of the page).

Wish to change your details?

Should you wish to change your details any time after your first registration, simply go to the Member profile change form page and resubmit new or changed information.

TMA membership categories

Membership is on an individual, non-transferable basis i.e. not in a firm's name.

Membership is open to all professionals interested in corporate renewal, including business transformation, turnaround, and business rescue, who manage, provide professional services to or fund troubled companies; or who govern, educate and study the industries and disciplines of corporate renewal.

Regular members

• Corporate turnaround managers working in line management positions in turnaround situations, and interim turnaround managers.
• Service providers to 1) troubled companies and 2) the financiers of troubled companies:
  • Turnaround practitioners and Business Rescue Practitioners;
  • Corporate renewal consultants, business transformation consultants, turnaround consultants and business rescue consultants;
  • Attorneys, accountants and financial advisors;
  • Management consultants in strategy, leadership, finances, organisation and operations;
  • Insolvency practitioners focusing on business rescue rather than liquidation.
• Investors in and lenders to troubled companies:
  • Restructuring executives of banks and Development Fund Institutions, bankers and other lenders;
  • Investment officers of institutional investors, venture capital and private equity investors, development funds, etc.

Government

Individuals who are in the employ of a governmental agency or who are members of a legislative body or who are judges.

Academic:

Individuals who are engaged in the academic profession and who participate or contribute to the turnaround management business through their teaching, writing, research or other professional activities.

Students

Individuals who are attending a college or university full time, and who are interested in pursuing studies related to the turnaround management business. 

Students may not vote or hold elective office.

2009 TMA-SA membership fees

TMA-SA membership fee structure
	Paid Jan (discounted for renewals only)	Paid Jan - Mar (new members) Paid Feb - Mar (late renewals)	Paid Apr to Jun	Paid Jul to Sep	Paid Oct to Dec for membership to end of following year
Regular member	R1 800	R1 980	R1 530	R1 080	R2 430
Government/ Academic	R   850	R   935	R   725	R   510	R1 150
Full-time student	R   250	R   275	R   215	R   150	R   340

Note that renewals receive a 10% discount if paid by January.

INSOL membership

TMA is a member organisation of INSOL International - the international association of restructuring, insolvency & bankruptcy professionals

INSOL International is a world-wide federation of national associations for accountants and attorneys who specialise in turnaround and insolvency.  There are currently 40 Member Associations world-wide with over 8,400 professionals participating as members of INSOL International.

Any member of TMA-SA can become a member of INSOL at an annual registration fee of $100 instead of the normal $250.  Apply on the electronic Application form.

TMA-SA bank details

Account name: Turnaround Management Association

Bank: Nedbank

Branch code: 145405 00

Account number: 1454 077 301

Please fax or email proof of payment to the address at the bottom of the page.

Hardcopy application form

Download, complete and fax the hardcopy application form.

Please note that it is preferable that you complete the electronic application form instead, since the latter can contain more information to be placed on your TMA-SA member profile page.