(a) Event permit application and fee. - (i) A completed permit application and appropriate fee must be submitted to the Board at least thirty days prior to the event.
- (ii) The Board may approve an event permit less than thirty days prior to an event on a case-by-case basis.
- (iii) Event permits may not be granted to promoters who owe any fees or compensation from previous events.
- (iv) Any change to a previously approved event permit will require a new event permit application and fee which must be submitted as expeditiously as possible.
(b) A promoter may not promote, advertise, or sell tickets for an event until they are licensed and appropriate permits have been granted.
(c) Limitations and expectations on event permits. - (i) There are no limitations on the number of event permits allowed. However, the Board may deny an event permit where the following conditions exist:
- (C) Inadequate officials to properly regulate the event;
- (D) Failure of a promoter or any person connected with the event to comply with any statute or rule;
- (E) A bout listed on the event permit application fails to meet the requirements of Chapter 3;
- (F) Inadequate or unsafe location, site, or arena selection; or
- (G) For other reasons which may not be in the best interest of the sport, the contestants, spectators, or the officials.
- (ii) Promoters are expected to comply with the following:
- (A) Fulfill all obligations of the permit. Any promoter who cancels an event after a permit is granted may be subject to disciplinary action and future permits may be denied.
- (B) By completing the permit, promoters agree to pay in guaranteed funds all official fees and compensation established by the Board within the timeframes established by the Board.
- (C) No event will begin without all fees being paid in full for the event permit, inspector, officials, and judges. The event will be canceled.