Cal. Code Regs. tit. 4 § 278

Current through Register 2024 Notice Reg. No. 25, June 21, 2024

Section 278 - Show Reports

Every club shall when applicable, submit within 72 hours after the determination of every contest, match or exhibition for which an admission fee is charged and received, the following:

(a) Contracts between club and boxers.

(b) Club report of tax.

(c) Itemized statement under penalty of perjury of specific receipts and specific disbursements to contestants.

(d) Itemized and specific statement under penalty of perjury showing the number of tickets issued or sold, the amount of the gross receipts of value thereof, and the gross price charged directly or indirectly and no matter by whom received for the sale, lease, transfer, or other exploitation of broadcasting and television rights, and the name and business address of the person or entity from whom value has been received for the sale, lease, transfer, or other exploitation of such rights.

(e) A written contract setting forth the gross price charged directly or indirectly, and no matter by whom, received for the sale, lease, transfer, or other exploitation of broadcasting and television rights, and the name and business address of the person or entity from whom value has been received for the sale, lease, transfer, or other exploitation of such rights. No oral contracts shall be accepted by the commission.

(f) A fee of 5 percent of the gross price, or $35,000, whichever is less, but in no case shall the fee be less than $1,000, exclusive of any federal taxes paid thereon, for the sale, lease, or other exploitation of broadcasting or television rights thereof.

Cal. Code Regs. Tit. 4, § 278

1. New subsection (e) filed 6-17-85; effective thirtieth day thereafter (Register 85, No. 25).
2. Change without regulatory effect of NOTE (Register 87, No. 5).
3. Amendment of first paragraph and new subsection (f) filed 4-6-2015; operative 7-1-2015 (Register 2015, No. 15).

Note: Authority cited: Section 18611, Business and Professions Code. Reference: Sections 18640, 18824 and 18832, Business and Professions Code.