UCL Handbook 2015 2016

2.14 In the event that an Insolvency Event occurs in relation to any Club, that Club must inform and keep informed the League Secretary and The FA immediately. The Board shall have the power to suspend a Club on notification of it having entered an Insolvency Event. At the discretion of the Board, a suspension may take effect from the giving of the notice or it may be postponed subject to any conditions as the Board may think fit to impose. In the event that a Club is suspended or its suspension is postponed, the Board shall have power to make such payments as it may think fit to the Club’s Football Creditors out of any monies due to that club from the Company. 2.15 An Officer must submit an Owners’ and Directors’ Declaration to The FA in accordance with the Reporting Requirements set out in the FA’s Owners’ and Directors’ Regulations that apply from time to time. The Club must provide a copy of any such Owners’ and Directors’ Declaration to the Competition at the time it is submitted to the FA. No individual will be permitted to act as an Officer if they fail to meet any of the requirements of the Owners’ and Directors’ Declaration, as set out in the Rules of The FA. In the event that an individual/entity is found to have either: Completed false or misleading statements on their Owners’ and Directors’ Declaration; acted as an Officer when in breach of the requirements of the Owners’ and Directors’ Declaration; Acted as an Officer without the FA having given written confirmation to the Club in accordance with the FA’s Owners’ and Directors’ Regulations that the individual may so act; then the individual/entity or Club shall be subject to such fine or other sanction as may be determined by The FA. In the event that the Competition receive a Notice from the FA issued in accordance with the FA’s Owners’ and Directors’ Test Regulations for the suspension of that Club’s Competition membership, then that Club shall be suspended from the Competition with effect from 14 days from the date of the Notice. An appeal of the effect of the Notice is to the FA and can only be made by the affected Club and in accordance with the appeal procedures set out in the FA Owners’ and Directors’ Test Regulations. The effect of the Notice shall be suspended pending the outcome of an appeal. The FA shall advise the Competition and the Club in writing where it becomes satisfied that a Disqualifying Condition as defined in the FA Owners’ and Directors’ Test no longer applies. Upon receipt of this written notification from The FA, the Competition may remove the suspension of the Club’s Competition membership. Where a Club is suspended and that causes a match in the Competition not to be played, the Board shall determine how the outcome of that match shall be treated. 2.16 Within fourteen days of a change in a Significant Interest at a Club or the appointment or removal of any director of a Club, written notice thereof, together with such details as are required to be filed with the Registrar of Companies, shall be deposited at the Competition Office 2.17 If during the course of a season the Board decide that the organisation and management or finances of a particular Club fall below the standards appropriate to membership of the Competition, the Competition Secretary shall be instructed to warn the Club at once that it may be excluded from membership of the Competition at the end of that playing season. Such a Club shall have the right to appeal to the FA within 14 days of the date of notification of the Board’s decision. 2.18 The Competition, through the Board shall be empowered from time to time by subscription, levy or otherwise to require Clubs to contribute such sum or sums of money to the funds of the League as may be necessary for the proper conduct of the business of the League. Such contributions by Clubs may be collected by deduction from sums due to Clubs under any promotion agreement, commercial agreement

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