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Membership of Institute. 
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3.—(1) Every person who is— 
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(a) a member of the Governing Body, 
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(b) a member of the Academic Council, 
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(c) a member of the staff of the Institute, 
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(d) a registered student of the Institute, or 
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(e) a graduate of the Institute, 
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shall be a member of the Institute. 
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(2) Subject to subsection (3) of this section, a person shall not be a member of the Institute unless at the time he is a member, he is qualified for membership pursuant to subsection (1) of this section. 
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(3) Notwithstanding the provisions of subsection (2) of this section, the Governing Body may, from time to time, confer membership of the Institute on a person who is not qualified for membership pursuant to subsection (1) of this section, and any such person shall be a member of the Institute until the Governing Body otherwise declare. 
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