PAKISTAN CRICKET BOARD REGISTRATION OF AGENTS REGULATIONS, 2010

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PAKISTAN CRICKET BOARD REGISTRATION OF AGENTS REGULATIONS, 2010 1. Title: These Regulations shall be called PCB Registration of Agents Regulations, 2010 which have been duly approved by the Governing Board of PCB. 2. Applicability: These Regulations shall be applicable with immediate effect to all persons wishing to act as agent(s) for the cricketers who have or are representing Pakistan at all levels or who participate in cricket matches/tournament organized by PCB, and also on the cricketers utilizing services of such agent(s). 3. Definition: a. For the purposes of these Regulations, the term agent shall mean any person, whether based in Pakistan or overseas, who carries out or seeks to carry out Agency Activity in accordance with these Regulations. b. The definition of any other term herein shall be defined in the manner as provided under the Playing Handbook of International Cricket Council for the current year, the Pakistan Cricket Board Constitution, the contract of the cricketer with PCB and all applicable codes. 4. Application for registration of agent: Any person wishing to be appointed as an agent to any cricketer for representing him/her for commercial purposes, the agent shall: a. Obtain the application form from PCB against the fee of Rs.10,000.00 only; b. The application form along with supporting documents and a demand draft in the amount of Rs.200,000.00 only as a non refundable processing fee shall be submitted to PCB s Director International Cricket. PCB may revise the fee from time to time; c. Upon submission of the application form along with relevant documents, PCB will scrutinize the said application form within a period of 02 weeks from the date of receipt. The Director International Cricket may ask for additional information/documents from the applicant who will provide the same within 02

weeks but may seek further time, which shall be at the sole discretion of Director International Cricket. If the applicant fails to respond within 02 weeks or the extended time, if allowed, the application will be deemed to have been abandoned; d. In addition to information required in the application form, PCB may require from the applicant, including but not limited to the following; 1. Police clearance of the area/country where the agent usually resides; 2. Clearance from the Cricket Board of the country in which the agent resides; 3. Clearance from Pakistan High Commission in such country. e. Upon receipt of further information required, if any, from the applicant, PCB will complete the process within 04 weeks. Where the Director International Cricket accepts the application, he shall register the applicant as an agent in a register of agents to be maintained at PCB. Notwithstanding the date of registration as an agent, the same will ipso facto expire on 31 December of the incumbent year; f. In case of rejection of application, Director International Cricket shall immediately communicate the applicant his order in writing stating reasons thereof. 5. Extension in time to decide application: Notwithstanding anything contained in Regulation 4 above, circumstances may arise where PCB will need to gather additional information on its own about the applicant. In such circumstances, PCB may extend time to decide the application from time to time provided that such extension in time shall not be more than 04 weeks in addition to the time provided under Regulation 4. 6. Appeal: a. An appeal may be preferred by the applicant against rejection of his application by PCB s Director International Cricket to PCB s Chairman. b. Such appeal shall be made within 07 days of the receipt of order of dismissal of application. The appeal shall be in writing stating clearly the grounds on the basis of which the applicant feels aggrieved of the rejection of his application.

c. The Chairman shall decide the appeal in writing within 21 days of its submission which shall be immediately communicated to the applicant. The decision of the Chairman shall be final and binding upon the applicant. 7. Duty to register agent: It shall be the sole responsibility of the person intending to act as an agent for the cricketer(s) as provided supra, to get himself registered with PCB prior to rendering services in the said capacity. No cricketer shall be allowed to be associated with any unregistered agent. 8. Renewal of registration of agent: a. The agent shall at least one month prior to the expiry of registration, apply in writing to Director International Cricket for renewal of his registration along with the demand draft in the amount of Rs.100,000.00 in the name of PCB as renewal fee. PCB shall have the right to revise the fee from time to time. b. PCB may require any information or additional document at the time of renewal. c. It shall not be the right of the agent to get renewal of registration and PCB in its sole discretion may refuse to renew the same. 9. Suspension of registration of agent: PCB may in its absolute discretion, suspend the registration of any agent, which shall be notified to the agent and the cricketer(s) to whom services are being rendered by the agent. Upon such suspension, the cricketer(s) shall immediately sever all business relationships with the agent. 10. Compensation to the agent: It shall be the sole responsibility of the cricketer to enter into agreement with his/her agent, for compensation or fee, by whatever name called, including any applicable tax(es) on the such compensation or fee. PCB shall, in no manner whatsoever, be liable towards the agent(s) for the services performed by the agent on behalf of the cricketer(s). It shall be the joint responsibility of both the agent and the respective cricketer to provide PCB with the copies of such arrangements between them.

11. Criteria for Registration as an Agent: A person shall qualify to be registered as an agent hereunder if: a. Is of good character and reputation in PCB s opinion; b. Does not have any conviction for any offence involving dishonesty or deception or moral turpitude in Pakistan or the country where he permanent or temporarily resides; c. Is not an undischarged bankrupt or otherwise subject to bankruptcy proceedings in Pakistan or the country where he permanent or temporarily resides; d. Is not disqualified from acting as a director of or otherwise from being involved with a company, if any, under any applicable law; e. Is not subject to an order under the applicable Insolvency Laws; f. Has not, during the last ten years, been censured or disciplined in Pakistan or any other country including the country of his residence or had his membership revoked by any regulatory or professional organization in relation to any business or professional activities; g. He is not any officer, employee or consultant of PCB, or any in any other cricket related organization, any other cricketer, or any person in an official position with PCB, any association or club playing at domestic level in Pakistan; In the event that it comes to PCB s knowledge or is otherwise brought on record after registration that the agent does not fulfill one or more of the qualifications stated above, the registration of the agent shall be immediately suspended. Provided that the agent shall have the right to file an appeal against such suspension as provided herein. Provided further that PCB shall not be liable in any manner whatsoever for the loss(es) accrued such suspended agent or the cricketer to whom he renders services, if any, as a result of suspension. Provided always that an agent whose application for registration was dismissed by PCB under clause 4(f), or appeal was rejected under clause 6, or who was suspended under any of the sub-clauses of this clause, shall be barred from applying for registration as an agent or acting as such for two years from the date of suspension.

12. Payment of Taxes: The agent shall be solely responsible to declare all incomes generated through his arrangement(s) with the cricketer(s), to the relevant tax authorities and ensure that all taxes liabilities for the said income are duly discharged. 13. Conduct of registered agent: a. Prohibition on dual representation: A registered agent shall not act for more than one party in any one transaction and shall disclose in writing to their principal any relevant formal or informal relationships that they may have, or have had with any other party to a transaction. Such disclosure shall be made by the registered agent as soon as reasonably practicable and in any event within 14 days of the registered agent becoming aware of any such relationship. The registered agent from the same agency, company or other legal entity must act on behalf of the same party to any given transaction or contract negotiation. b. Prohibition on delegation of agency: The registered agent shall not, in any case, delegate his agency to any other person. Any act of delegation of agency may lead to suspension of registration as agent under these Regulations. c. Accounting, financial and reporting obligations: i. A registered agent shall maintain accounts in accordance with best accounting practices and in the event of an investigation into breaches or potential breaches of these Regulations, shall promptly make available such accounts and all relevant books and records at the request of PCB. ii. The registered agent shall provide PCB a full list of the cricketers on whose behalf the agent is acting and the respective sponsor(s) biannually. 14. Amendment in Regulations: PCB shall be empowered to amend these Regulations from time to time.

15. Governing Law: These Regulations shall be governed by Laws of Pakistan and Courts at Lahore shall have exclusive jurisdiction to adjudicate upon any matter, if intervention of Court becomes necessary. =========================