S.C. Code Regs. § § 20-4.8
Current through Register Vol. 48, No. 11, November 22, 2024
Section 20-4.8 - Permit Application and Fee1. Every promoter must have a current license to conduct, hold or give boxing matches and must apply to the Commission for a permit. The application for such permit must be in the Commission office at least fourteen (14) days before the scheduled date of the event. If the promoter does not meet such deadline, the Commission will not issue a permit until the promoter pays the mandatory fine required by law.2. No permit may be issued unless the application includes:a. The names of all participants.b. Evidence that a policy of medical and hospital insurance satisfactory to the Commission covers every boxer.c. Proof acceptable to the Commission Representative of a surety bond in an amount not less than five-thousand dollars or certified funds sufficient to cover the total purse or fee for each scheduled contestant and official.d. Pays the required permit fee, which shall be nonrefundable.3. Additionally, upon the request of the Commission or Commission Representative, each promoter shall provide the Commission with copies of every contract between boxers, managers and with the promoter covering all contestants in the match for which permit is made.4. Promoters must pay to the Commission the higher amount of either five percent (5%) of the total gross admissions received at the event or a twenty-five ($25.00) dollar minimum gate fee within thirty (30) days after the event. Failure to pay the required gate fee within the time specified herein will result in the promoter being assessed a two hundred fifty ($250.00) dollar administrative fine, and an additional two hundred fifty ($250.00) dollar fine every thirty (30) days thereafter up to a maximum amount of one thousand ($1,000.00) dollars. An event permit shall not be issued to a promoter with an outstanding unpaid gate fee or fine. Promoters will be subject to disciplinary action by the Commission for any attempt to circumvent payment of the gate fee. 5. Promoters must pay to the Commission a sanctioning fee as determined by the Commission to cover the cost of inspections in the enforcement of compliance with this chapter and South Carolina Code of Laws Title 40 Chapter 81.Amended by State Register Volume 12, Issue No. 6, eff June 24, 1988; State Register Volume 13, Issue No. 6, eff June 23, 1989; State Register Volume 16, Issue No. 6, eff June 26, 1992; State Register Volume 39, Issue No. 06, eff. 6/26/2015.