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REGULATIONS GOVERNING ConbucT oF NATIONAL TOURNAMEN’S OR MEETS

Section 1. The conduct of National Tournaments and meets, held under
the auspices of this Association, shall be under the control and super-
vision of the Rules Committee, if any, in the sport involved. The rules
committee may appoint a tournament or meet committee to actively super-
vise the conduct of the tournament or meet.

In sports for which there is no rules committee appointed by this Asso-
ciation, such tournaments or meets, if any, shall be under the control and
supervision of a committee appointed by the Association. Such committee
may appoint a tournament or meet committee to actively supervise the
conduct of the meet or tournament.

Section 2. Financial Reports. Reports covering the financial details
of each championship meet or tournament shall be submitted to the
Treasurer of the Association as soon as possible following the conclusion
of such meet or tournament and must bear the certification both of the
chairman in direct charge of the meet or tournament and that of the Rules
Committee chairman concerned with that particular sport. ‘The reports
are to be submitted on a form drafted and supplied by the Treasurer, and
are to be published as promptly as it is feasible to do so.

Chairmen of committees in those sports in which championship meets
or tournaments are conducted, and persons in direct charge of such meets
or tournaments, shall exercise all possible economy with respect to the
payment of expenses of competitors and with respect to all other expendi-
tures.

SEct1on 3. Payment to General Fund. Ten percent of the net proceeds
derived from the conduct of any national tournament or meet shall be
paid to the general fund of the Association before any funds are prorated
to competitors for traveling expenses.

Section 4. Payments to a Sponsoring Institution. No sum out of the
receipts of a championship tournament or meet, or from any other source,
shall be paid to the college or university sponsoring or acting as “host”
for such tournament or meet, except to cover expenses actually incurred
in the conduct of the meet.

Secrion 5. Fees of Allied Members. Institutions which are not active
members, but which are members of Conferences which are allied mem-
bers, shall pay to the treasury of the Association an entry fee of $10.00
for one or more entries in any national meet or tournament conducted by
this Association.

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REGULATIONS GOVERNING FINANCES OF THE ASSOCIATION

SEcTION 1. General Fund. All income from membership dues or from
the various activities of the Association shall be deposited in the general
fund without restrictions or reservations placed upon it, and shall be
available to pay the expenses of the Association as directed by the Execu-
tive Committee.

Section 2. Funds for Olympic Games. Funds contributed by the Asso-
ciation to the support of those Olympic sports for which the Association
has financial and administrative responsibility shall be raised by a special
Olympic Fund Committee of the Association, and from the sum so raised
amounts shall be allocated to the support of these several sports. No sums
from the income of the Association’s various championship meets or
tournaments shall be allocated to the Olympic Fund, except as the Olympic
phe Committee, with the approval of the Executive Committee, may

rect.

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