Current through Register Vol. XLI, No. 50, December 13, 2024
Section 177-1-8 - Promoters Report8.1. Report required. -- Every promoter, club, association or corporation holding a boxing event, professional or amateur, must complete and file the promoter's report in the format provided by the Commission. The report must be received by the Chairman of the Commission within four (4) business days after the date of the event.8.2. Failure to submit report. -- Any licensee that fails to file a report of any contest within four (4) business days or makes an unsatisfactory report to the Commission shall be subject to penalties as set forth by this rule.8.3. Report requirements. -- The promoter must file within four (4) business days after any event, a written report showing the number of tickets sold and the amount of the gross proceeds including sponsorships.8.4. Penalties. -- The Commission may impose an administrative penalty or suspend the license of any promoter for the failure to submit reports. The fine may not exceed $100.00 per day for each day the report is not submitted after the fourth business day.