New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 6 - BOXING, WRESTLING AND MARTIAL ARTS
Part 18 - SAFETY ATHLETIC EQUIPMENT PROGRAM
Section 15.6.18.13 - CONSIDERATION FOR SAFETY EQUIPMENT
Current through Register Vol. 35, No. 18, September 24, 2024
A. As fair market value consideration for safety equipment, each boxing organization will be required to provide safety-training classes in return for the safety athletic equipment.
B. Each boxing organization shall be required to present a two (2) hour safety training class per $500 equipment allocation provided to it by the Commission in conjunction with this program.
C. Any boxing organization that has received an equipment allocation from the Commission may be monitored by the Commission or Commission designee for compliance with the safety training class requirement.
D. The Commission may require a post-audit report from the boxing organization providing verification of the equipment purchased and how the equipment allocation was used.