Membership application forms

To apply for ARITA membership please complete and return the appropriate application form: 

Please return your completed application form to the Membership Manager by email.

Professional Member

There are two ways to become an ARITA Professional Member: by Foundation Pathway or Experience Pathway.

Professional Member - Foundation Pathway

A person may be admitted as a Professional Member if he or she:

  • has been proposed for admission as a Professional Member by two Professional or Life Members to whom he or she is personally known (but who are not relatives)
  • is a member of good standing of at least one Foundation Organisation (as defined in the ARITA Constitution), or is a legal practitioner, or holds other similar or equivalent qualifications as resolved by the Board
  • has:
    (i)    been a Legal Practitioner for at least 3 years and has satisfied the Board that in 3 of the preceding 5 years he or she has worked on sufficient insolvency assignments and that he or she has sufficient relevant insolvency experience to justify his or her admission as a Professional Member, or
    (ii)    worked for at least 3 of the preceding 5 years undertaking professional work with, and under the direct supervision of a Professional Member who is an insolvency practitioner, or
    (iii)    satisfied the Board that he or she has had sufficient relevant experience to justify admission as a Professional Member
  • has completed the insolvency education program prescribed by the Board, which is the Advanced Certification (or the legacy Insolvency Education Program)
  • has completed the approved insolvency education program within the preceding 5 years, noting that applicants who have completed their insolvency education program outside this period may be approved from time to time at the absolute discretion of the Board, and that in this case their application may be approved subject to conditions recommended by the Board
  • has maintained suitable CPE since completing the approved insolvency education program
  • has paid the annual membership fee (as defined in the ARITA Constitution)
  • has the benefit of professional indemnity insurance (PI Insurance) which, in the Member's opinion, is either adequate or required (having regard to their role in the Profession, industry best practice and any relevant Professional Standards Scheme regulated by the Professional Standards Council) for the work undertaken either by themselves or their firm.

For more detailed information relating to the Professional Member - Foundation Pathway application requirements please refer to the ARITA Regulations.

ARITA Professional Members are required to complete 40 hours of Continual Professional Development (CPD) per financial year (January to December).

APPLICATION FORM

Professional Member - Experience Pathway

This pathway is for those who aren't qualified accountants or lawyers (and who have completed the ARITA Advanced Certification/IEP).

A person may be admitted as a Professional Member if he or she:

  • has been proposed for admission as a Professional Member by two Professional Members or Life Members to whom he or she is personally known (but who are not relatives and only one of whom is from the proposed Member's firm)
  • is:
    (i)    qualified in finance, accounting, commerce or business - has demonstrably practised for at least 10 years in any or all of those fields specialising in restructuring, turnaround or corporate renewal (in Australia or overseas), or
    (ii)    qualified in law - has demonstrably practised in restructuring, turnaround, corporate renewal or insolvency law (in Australia or overseas) as a Legal Practitioner for a period of at least 10 years, or
    (iii)    in any other case - has demonstrably practised in restructuring, turnaround or corporate renewal (in Australia or overseas) for at least the immediate past 10 years in a senior role.
  • has the benefit of PI Insurance which, in the Member's opinion, is either adequate or required (having regard to their role in the Profession, industry best practice and any relevant Professional Standards Scheme regulated by the Professional Standards Council) for the work undertaken either by themselves or their firm.
  • submits an endorsement from the chairman or chief executive officer or regional leader of the candidate's firm:
    (i)    supporting the candidate's application for Professional Membership
    (ii)    confirming the nature and extent of the firm's commitment to supporting the candidate's active engagement with ARITA
    (iii)    confirming that completion of ongoing study relevant to professional development is a core aspect of the firm's career pathway for its professional staff
  • submits:
    (i)    2 references from Professional Members (who are not relatives) which attest to the candidate's expertise as a restructuring, turnaround or corporate renewal specialist;
    (ii)    1 character reference which attests to the candidate's status as a fit and proper person of good fame and character; and
    (iii)    a detailed curriculum vitae including full details of educational and professional qualifications, continuing professional education (if any) for the 3 years prior to the date of application and other contributions to the restructuring, turnaround and corporate renewal profession.
  • has completed the ARITA Advanced Certification or legacy Insolvency Education Program or a restructuring and turnaround education program prescribed by the Board
  • has completed the approved insolvency education program within the preceding 5 years, noting that applicants who have completed their insolvency education program outside this period may be approved from time to time at the absolute discretion of the Board, and that in this case their application may be approved subject to conditions prescribed by the Board.

For more detailed information relating to the Professional Member - Experience pathway application requirements please refer to the ARITA Regulations.

All ARITA Professional Members are required to complete 40 hours of Continual Professional Development (CPD) per financial year (January to December).

APPLICATION FORM

Fellows

Fellowship status recognises long, diligent and unblemished membership. Members can only be nominated for Fellow status by other Professional Members. 

A Fellow Member is a sub-category of Professional Member.

A person may be admitted as a Fellow Member by the Board, if he or she:

  • has been nominated for Fellow status by two other Professional Members
  • is a current Professional Member and has held continuous Professional Membership for at least 10 years
  • is a Member in good standing
  • is a fit and proper person to be admitting to Fellow
  • has never been subjected to a suspension of ARITA Membership as a result of conduct or concern process
  • has been informed by ARITA of his or her eligibility for, and has signified his or her willingness to accept, Fellow status
  • has contributed to the profession and ARITA.

NOMINATION FORM

Associate Member 

Associate membership is open to those supplying or supporting restructuring, insolvency and turnaround practitioners and lawyers. For example, this category is suited to valuers, auctioneers, agents, technology providers and other service providers. It is a channel for people in those categories to demonstrate their commitment and engagement with the profession and to show their support for and be involved in the work that ARITA does for the profession.

Associate membership is not open to those who provide accounting, advisory or legal services to financially distressed entities or individuals. This group must follow the required pathway to Professional Membership.

Associate members are non-voting members but receive all other benefits of ARITA membership.

A person may be admitted as an Academic Member if he or she:

  • works predominantly in a teaching or research capacity at a recognised tertiary education institution, which is determined by the Board to be a recognised tertiary education institution
  • is a fit and proper person of good fame and character
  • has been proposed for admission as an Academic Member by two Professional Members or two Academic Members, to whom he or she is personally known
  • is a person who, in the opinion of the Board, will make a contribution to the objectives and activities of ARITA
  • has paid the annual membership fee.

Please note: Any Associate members who were current as of 19 August 2013 (date of updated Constitution, since superceded by 17 September 2015 and 30 May 2018), are still eligible to remain Associate members of ARITA. Should you have any questions or need assistance please email the Membership Manager or phone 02 8004 4344.

APPLICATION FORM

Lender & Investor Member

Membership of this category is open to those employed with banks and other financial institutions, private equity firms, venture capitalist and other institutional investors who are involved in turnaround, workouts and formal insolvency matters.

Lender & Investor members receive key benefits of membership, including the Australian Insolvency Journal as well as invitations to national and division conferences and seminars at member rates. 

A person may be admitted as a Lender & Investor Member if he or she:

  • is engaged in banking, finance, private equity, venture capital or other investment which involves insolvency, restructuring, turnaround, workouts or other informal or formal insolvency processes or matters
  • is a fit and proper person of good fame and character
  • has been proposed for admission as a Lender & Investor Member by two Professional Members or two Lender & Investor Members, to whom he or she is personally known
  • is a person who, in the opinion of the Board, will make a contribution to the objectives and activities of ARITA
  • has paid the annual membership fee.

APPLICATION FORM

Academic Member

Academic membership is available to individuals working predominantly in teaching or research.

A person may be admitted as an Academic Member if he or she:

  • works predominantly in a teaching or research capacity at a recognised tertiary education institution, which is determined by the Board to be a recognised tertiary education institution
  • is a fit and proper person of good fame and character
  • has been proposed for admission as an Academic Member by two Professional Members or two Academic Members, to whom he or she is personally known
  • is a person who, in the opinion of the Board, will make a contribution to the objectives and activities of ARITA
  • has paid the annual membership fee.

APPLICATION FORM

Graduate Subscriber

Graduate Subscription  is open to Student Subscribers who have successfully completed the ARITA Advanced Certification or previous Insolvency Education Program (IEP).

Graduate Subscribers are usually on the path to becoming Professional Members.

Student Subscribers will automatically be upgraded to Graduate Subscriber immediately upon completion of the Advanced Certification. 

To become a Graduate Subscriber you need to:

  • Apply and agree to be bound by ARITA Constitution and Code of Professional Practice
  • Have successfully completed the Insolvency Education Program or ARITA Advanced Certification in the last 5 years
  • Have never been an ARITA Professional or Associate Member.

Student Subscriber

Student Subscription provides access to the website, member discounts and ARITA publications. Enrolled Student subscription is granted for the calendar year (Jan to Dec) or part thereof from the enrolment date.

Student Subscription can be continued after the initial year of subscription up to a period of five years from the original join date (excluding those who have already graduated from ARITA Advanced Certification who are automatically upgraded to graduate subscribers).

To become a Student Subscriber you need to:

  • Agree to be bound by ARITA Constitution and Code of Professional Practice
  • Have never been an ARITA Professional or Associate Member.

Student Subscriptions also available for anyone interested or working in the industry that is currently studying (university, CAANZ, CPA, legal practising certificate, etc.) or ineligible for any other membership category of ARITA. 

APPLY FOR STUDENT SUBSCRIPTION