N.M. Admin. Code § 15.6.14.11 - TIME OF PAYMENT OF REGULATORY FEE AND REPORTS
A. Any person upon whom the regulatory fee is
imposed by the Professional Athletic Competition Act (Section
60-2A-23 NMSA 1978) shall, within
seventy-two (72) hours after completion of any professional contest for which
an admission fee is charged and received or a contribution is requested and
received, furnish to the commission a written report, on forms prescribed by
the commission, showing:
(1) the number of
tickets sold and issued or sold or issued for such professional
contest;
(2) the amount of the
gross receipts or value thereof;
(3) the amount of gross receipts derived from
the sale, lease or other exploitation of broadcasting, motion picture or
television rights of such professional contest and without any deductions for
commissions, brokerage fees, distribution fees, advertising or any other
expenses or charges; and
(4) such
other matters as the commission may prescribe.
B. The commission or any of its authorized
employees may inspect the books, tickets stubs or any other data necessary for
the proper enforcement of the supervisory fee imposed in the Professional
Athletic Competition Act (60-2A-1 to 60-2A-30 NMSA 1978).
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