35. The duties payable upon filing a licence application are $34.25.
In addition, the holder of an organizer’s licence valid for 1 sports event must pay the following duties, as the case may be:(1) 5% of the gross receipts derived from the sale of tickets in the case of an organizer’s licence valid for 1 sports event of mixed boxing or of an organizer’s licence valid for 1 sports event comprising more than 1 type of combat sport;
(2) 2% of the gross receipts derived from the sale of tickets for an organizer’s licence valid during 1 sports event of any other combat sport.
The duties may not be less than(1) $5,000 where the capacity of the premises where the sports event is held is less than or equal to 5,000 persons;
(2) $10,000 where the capacity of the premises where the sports event is held is greater than 5,000 persons.
For championship bouts, an amount of $5,000 per championship bout is added to the duties.
The duties are payable upon the issue of an organizer’s licence valid for 1 sports event. Despite the foregoing, where the amount of the duties payable is greater than the minimum duties provided for in the third paragraph, the organizer must pay the balance of gross receipts derived from the sale of tickets within 15 days following the sports event.
The duties prescribed in this section bear interest at the legal rate.
O.C. 663-95, s. 35; O.C. 393-2004, s. 12; O.C. 112-2011, s. 2; O.C. 533-2013, s. 3.