South African Boxing Act, 2001 (Act No. 11 of 2001)RegulationsBoxing Regulations, 200411. Sanctioning of tournaments, fees and purse monies |
| (1) | All applications by promoters for the sanctioning of tournaments shall be made in writing and submitted to Boxing SA at least 30 days prior to the date of the tournament, and shall contain the following information— |
| (a) | Details of all the bouts, including the records of all the boxers; |
| (b) | a detailed breakdown of the costs of the tournament including, amongst others, hiring charges, printing and advertising, travel expenses, purses to be paid to boxers, licencing fees for staging tournaments, fees to agents, if applicable, and third parties; |
| (c) | details of all income, secured and anticipated, including, amongst others, ticket sales, sponsorships, income from advertisers, site fees and broadcast income; |
| (d) | a marketing plan for the tournament; |
| (e) | details relating to the suitability of the venue, including, inter alia, parking facilities for patrons and officials, emergency exits, lighting, Seating arrangements, fire fighting equipment and accessibility to the public and, in the case of public facilities, compliance with existing legislation; |
| (f) | an undertaking that the ring and the dressing thereof will meet the technical standards contained in these regulations and that the ring will be erected timeously to enable Boxing SA to conduct an inspection thereof prior to the tournament; |
| (g) | full details of private security arrangements to secure members of the public, the boxers and officials; |
| (h) | copies of signed contracts, on the form set out in Annexure H, for the boxers engaged for the tournament, which contracts shall specify the purses payable to the boxers; |
| (i) | confirmation that an accredited medical practitioner will be available at the venue for the duration of the tournament; |
| (j) | confirmation that an ambulance will be on standby at the venue for the duration of the tournament; |
| (k) | confirmation that the South African Police Services have been notified as contemplated in section 21 of the Act; |
| (l) | confirmation that adequate public liability insurance has been taken out for the tournament; |
| (m) | confirmation that Boxing SA has been fully indemnified for any or all damages or losses of whatever nature and arising from whatever cause; |
| (n) | confirmation that a hospital close to the venue has been notified of the tournament and that its neurological department and all other medical divisions necessary will be on standby for the duration of the tournament; |
| (o) | confirmation that the promoter will pay the costs of an inspection in loco to be conducted by Boxing SA or its authorised agent at the venue prior to the tournament; and |
| (p) | any other information that Boxing SA may consider necessary to satisfy itself that the tournament will be financially viable, that adequate arrangements have been made for the safety of the boxers, officials and members of the public and that the promoter has and will comply fully with his or her obligations under the Act and these Regulations. |
| (2) | The application contemplated in subregulation (1) must be accompanied by the payment of a non-refundable deposit which shall be part of the licencing fee payable for the staging of the tournament, the amount of which shall be determined by Boxing SA. |
| (3) | Upon compliance by a promoter with the provisions of subregulations (1) and (2), Boxing SA shall consider the application and either— |
| (a) | refuse to sanction the tournament, on reasonable grounds; or |
| (b) | sanction the tournament, subject to any conditions which to Boxing SA are reasonable, and advise the promoter within two days of its decision in writing. |
| (4) | A promoter must not later than 30 days prior to the date of a tournament or by any other date specified by Boxing SA, deposit with Boxing SA in cash or by bank guaranteed cheque an amount equal to the total of— |
| (a) | the purses to be paid to the boxers engaged for the tournament or where one or more boxers are to be paid a percentage, the estimated amount thereof as determined by Boxing SA; |
| (b) | the fees determined by the Minister in terms of section 34(1)(n) of the Act and payable to the officials appointed by Boxing SA for a tournament; and |
| (c) | the estimated amount of Boxing SA'S licencing fee for the tournament contemplated in subregulation (5), as determined by Boxing SA. |
| (5) | A promoter must— |
| (a) | within seven days after the staging of a tournament submit to Boxing SA under oath a written statement setting forth the broadcast income and other income derived from the tournament; |
| (b) | within 30 days after the staging of a tournament pay to Boxing SA as a licencing fee- |
| (c) | where the total of the broadcast income and other income does not exceed R2 000 000,00, an amount equal to the total of 10% of the broadcast income and 5% of the other income, plus value added tax; or |
| (d) | where the total of the broadcast income and other income exceeds R2 000 000,00 the sanctioning fee, plus value added tax, which was agreed in writing by Boxing SA and the promoter prior to the sanctioning of the tournament by Boxing SA; |
| (e) | Provided that the licencing fee deposit and the estimated licencing fee which were paid to Boxing SA under subregulations (2) and (4)(c) respectively, shall be deducted from the amount payable under this subregulation; and |
| (f) | pay interest on the principal amount from the time the failure starts at the rate of prime plus two per cent per annum should he or she fail or neglect to comply with the time limit specified in paragraph (b). |
| (6) | Notwithstanding that a tournament has been sanctioned by Boxing SA, it shall, at any time prior to the tournament, have the right to revoke its sanctioning of the tournament if– |
| (a) | the promoter is in breach of any of its obligations in terms of the Act or these Regulations; or |
| (b) | the promoter is in breach of any of the conditions which Boxing SA attached to the sanctioning of the tournament, whereupon Boxing SA shall not be liable for any losses incurred or damages suffered thereby by any third party, including the promoter. |
| (7) | Until a promoter has complied, to the satisfaction of Boxing SA, with all his or her obligations in terms of these Regulations with regard to any tournament staged by him or her, Boxing SA may refuse to sanction any further tournament applied for by that promoter. |