Examples of Intermediary Activity in a sentence
An Intermediary and a Player or a Club (as applicable) must have entered into a validly executed written Representation Contract prior to that Intermediary carrying out any Intermediary Activity on his or its behalf.
Any and all remuneration or payments of whatever nature, and howsoever arising, and whether direct or indirect, made to any person in relation to any Intermediary Activity for or on behalf of a Club, must be made by the Club only, and must be fully recorded in the accounting records of the Club.
The Representation Contract must contain the entire agreement between the parties in relation to the Intermediary Activity, and shall, at a minimum, contain all Obligatory Terms of the relevant Standard Representation Contract.
Save when acting further to Regulation B6, an Intermediary, or an Intermediary’s Organisation, must not pass any remuneration directly relating to Intermediary Activity to any other person.
Any payment by a Club to an Intermediary in relation to any Intermediary Activity, whether direct or indirect, other than a payment made by a Club under Regulation C2.(b)(i), must be made through The Association, using the relevant designated account and in accordance with The Association’s clearing house protocol as may be prescribed by The Association from time to time.
This does not affect the ability of an Organisation to pay its employees or contractors pursuant to their employment or other contracts or any other parties for purposes unrelated to any Intermediary Activity.
An Intermediary can conduct Intermediary Activity pursuant to a Representation Contract lodged with The Association before 1st April 2015 if this Representation Contract is resubmitted to The Association within 10 days of the Intermediary registering with The Association in accordance with Appendix II.
An Intermediary should use all reasonable endeavours to ensure that the Organisation through which he operates shall comply fully with the requirements of the Rules of The Association and these Regulations in relation to any Intermediary Activity carried out by that Intermediary.
Printed conditions on the reverse side of a tender letter shall be specifically excluded.
Only an Intermediary may be used and paid by a Player or Club in relation to any Intermediary Activity.