Examples of FE Manufacturer in a sentence
The requirements of these FE Team Financial Regulations and the requirements of the FE Manufacturer Financial Regulations are distinct from and independent of each other, and the two sets of regulations will operate and be applied accordingly.
Where an FE Team is also an FE Manufacturer, it must comply separately with both sets of regulations, including complying with both sets of reporting requirements and demonstrating compliance with both Cost Caps.
Development in respect of an FE Car (including the purchase and/or manufacture of components or prototype components in respect of an FE Car and organisation and performance of FE Manufacturer test days pursuant to the FIA Registration Procedure);but excluding Mandatory Services and Additional Services.
An FE Manufacturer should seek clarification from the Cost Cap Administration if it is uncertain whether an entity should be included in its Reporting Perimeter.
The Cost Cap Administration will review the Reporting Documentation submitted by an FE Manufacturer to identify any instances of non-compliance with these FE Manufacturer Financial Regulations.
The Cost Cap Administration may issue guidance notes from time to time to assist FE Manufacturers in complying with these FE Manufacturer Financial Regulations.
From the Reporting Period starting on 1 October 2024 onwards, irrespective of when the FE Manufacturer registers with the FIA, the FE Manufacturer must also comply with these FE Manufacturer Financial Regulations in respect of the two Reporting Periods preceding the first edition of the Championship in which an FE Car that it has supplied is used.
Within three months of such notification, the judging panel may choose to re-examine its decision, following a process that respects both the rights of the Parties and the terms of these FE Manufacturer Financial Regulations.
Decisions of the Cost Cap Adjudication Panel under these FE Manufacturer Financial Regulations may be appealed to the ICA (a) by any Party to the proceedings that led to the decision and/or (b) by the Primary Team or Additional Team (where the Cost Cap Adjudication Panel has ordered deduction of points of such teams and/or their drivers and/or restrictions on the Testing that such teams may conduct, and/or suspension or exclusion of such teams from a Competition or the Championship).
The appeal will be heard by the ICA in accordance with the relevant provisions of the FIA Judicial and Disciplinary Rules and of these FE Manufacturer Financial Regulations.