S.C. Code Regs. 20-4.8 - Permit Application and Fee
1.
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.
Notes
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