N.M. Admin. Code § 15.6.3.17

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

Section 15.6.3.17 - REPORTS REQUIRED BY THE COMMISSION

Within 72 hours after the close of the event, contest, or exhibition, the authorized representative of the promoter licensed by the commission must submit to the commission the following written reports.

A. An "athletic tax report" showing the number of each class of tickets sold, unsold or unused; and shall:

(1) permit the commission or its designated representative to examine the following: all sold and unsold or unused tickets; stubs; coupons; the financial records of the event;

(2) permit the commission or its designated representative to investigate all other matters relating to the receipts and conduct of the box office and ticket takers; and

(3) permit the commission or its designated representative to review the ticket tally, which must conform to the manifest

B. An "inspectors' financial statement" for the particular contest or exhibition that must be approved and signed by the following persons:

(1) the commissioner in attendance or by the commission's designated representative in charge;

(2) the commission inspectors making the count; and

(3) the authorized representative of the licensed promoter of the event.

C. An "after contest report" that shall be submitted within seventy-two hours after the close of the contest, on forms as required by the commission. Information shall include a breakdown of all tickets sold or distributed, including but not limited to tickets sold, exchanged for goods or services, donated or complimentary. The payments made to the competitors and officials, and the manner and form in which they were compensated.

N.M. Admin. Code § 15.6.3.17

15.6.3.17 NMAC - N, 03-23-2002; A, 08-26-2012, Amended by New Mexico Register, Volume XXVII, Issue 24, December 30, 2016, eff. 1/15/2017