Policy Title:
Contest held on a for profit basis
Created/Revised:
Approved:
December 2014
Summary:
The policy outlines the Combat Sports Authority’s position in relation to contests
held or arranged for profit.
Policy Statement:
The policy details the definitions of for profit that the Authority will use to
determine if a contest is held or arranged on a for profit basis, as per the
definition of a combat sports contest in Section 4(1) of the Act which includes
contests arranged or held on a for profit basis.
Definitions:
profit (noun) - a financial gain, especially the difference between the amount
earned and the amount spent in buying, operating, or producing something.
profit (verb) - to obtain a financial advantage or benefit
The CSA considers that both the use of profit as a noun and a verb is applicable to
the reference to “for profit” under the Act. Thus a contest is held for profit if:
• a financial gain is made or expected to be made between the amount earned
and the amount spent in arranging or holding the contest and/or,
• if any person or organisation obtains a financial benefit or advantage from the
contest being held, including but not limited to, a promoter, manager,
combatant, sponsor, venue, Approved Amateur Body, company, incorporated
organisation or charitable institution.
Applicability:
Promoters arranging or holding combat sport contests and persons and
organisations that may obtain a financial advantage or benefit from such a
contest.
Procedure:
Persons arranging or holding combat sports should determine if the contest is
for profit based on the definitions in this policy.
Check types:
The CSA has a range of powers within the Act (Section 86) to obtain information
about contests and may use these powers to determine if a contest is held on a
for profit basis. It is a criminal offence to provide false or misleading information
to the CSA.
Related documents:
Combat Sports Act 2013
Combat Sports Regulation 2014