N.M. Admin. Code § 15.6.14.11

Current through Register Vol. 35, No. 24, December 23, 2024

Section 15.6.14.11 - TIME OF PAYMENT OF REGULATORY FEE AND REPORTS

A. Any person upon whom the regulatory fee is imposed by the Professional Athletic Competition Act (Section 60-2A-23 NMSA 1978) shall, within seventy-two (72) hours after completion of any professional contest for which an admission fee is charged and received or a contribution is requested and received, furnish to the commission a written report, on forms prescribed by the commission, showing:

(1) the number of tickets sold and issued or sold or issued for such professional contest;

(2) the amount of the gross receipts or value thereof;

(3) the amount of gross receipts derived from the sale, lease or other exploitation of broadcasting, motion picture or television rights of such professional contest and without any deductions for commissions, brokerage fees, distribution fees, advertising or any other expenses or charges; and

(4) such other matters as the commission may prescribe.

B. The commission or any of its authorized employees may inspect the books, tickets stubs or any other data necessary for the proper enforcement of the supervisory fee imposed in the Professional Athletic Competition Act (60-2A-1 to 60-2A-30 NMSA 1978).

N.M. Admin. Code § 15.6.14.11

15.6.14.11 NMAC - N/E, 10-11-2005