41 Registration of Players 41.1 A Registered Player is one who has signed an appropriate registration form or forms and/or contract (such signature to be witnessed by a second person) and whose registration has been approved by The League. Notwithstanding the foregoing, only those Academy Players over the age of 15 years on 1st September in any given Season may play football for a Club’s first team in that Season, and then may only do so with the written permission of his Parent, his school’s head teacher and the approval of The League. 41.2 No Player may play in any competition organised by The League unless and until his registration has been so approved. 41.3 It shall be the responsibility of all Clubs playing in any competition organised by The League to ensure that all Players are so registered. Failure to do so constitutes misconduct. 41.4 An additional copy of the appropriate registration papers shall at the same time as a copy is despatched to The League be despatched to The Football Association. 41.5 Subject to Regulations 41.6, 41.7 and 55, a Player will only be eligible to play in a match organised by The League if the appropriate forms for his registration or the transfer of his registration (including, for the avoidance of doubt, Temporary Loan Transfers) are received (including by facsimile) and found to be in order by The League by 12.00 noon on the day prior to the date of such match. 41.6 Subject always to the provisions of Regulation 41.7, after the expiry of each Transfer Window in each Season registrations of new players and transfers of registrations will, except as permitted in Regulation 55, be declined or will only be approved: 41.6.1 where the Player is an Unemployed Player; 41.6.2 where the Player was last registered as a Scholar or Academy Player; and/or 41.6.3 as agreed by The League on a case by case basis where the Player was last registered with a Club (or club) which has ceased to trade, including during the Closed Period. 41.7 Where any new registration or transfer of a Players is received by The League after 5pm on the fourth Thursday in March in each Season, that Player will not be eligible to play in any match organised by The League in that Season, except as permitted in Regulation 55. 42 Breach of Conditions of Registration 42.1 Failure to comply with any of the conditions relating to a registration will render the Player ineligible to play for the Club concerned as not being a Registered Player. 42.2 Any Club playing an unregistered or ineligible Player in a League Match may have three points deducted from its score and/or be liable to such other penalty as a Disciplinary Commission may decide. 42.3 Any Club playing, in a match under the auspices of The League, a Player who is under suspension by The Football Association may have three points deducted from its score and/or be liable to such other penalty as a Disciplinary Commission may decide. 43 Types of Registration 43.1 The following types of registration are permitted by The League: Full Contract - Regulation 61 Non-Contract - Regulations 57 and 58 Multiple Monthly - Regulation 60 Standard Loan - Regulation 53.1 International Loan - Regulation 54 Emergency Goalkeeper Loan - Regulation 55 Academies - Regulation 59 Scholarship Scheme - Regulation 59 43.2 The documents of registration and of transfer of registration of a Player must be in the forms prescribed and issued by The League and not otherwise. 43.3 A copy of those parts of these Regulations which are applicable must be handed to the Player at the time of signing. 43.4 No Club, Official or Player shall directly or indirectly make or offer to make any payment whatsoever in cash or in kind to Players or their families or any other person as an inducement to sign other than those provided for in these Regulations. Any Club, Official or Player in breach of this Regulation shall be guilty of misconduct. 44 Registration Forms 44.1 In order to register a Player the prescribed contract, registration form and/or transfer form signed on behalf of the Club by either the Chairman, club secretary or any duly appointed signatory must be sent to The League within five days of the Player's signature and are subject to the approval of The League. The receipt by the registering Club of confirmation of registration shall determine the eligibility (and the effective date of eligibility) of the Player to play in League Matches. 44.2 International Transfer Certificate. Any Player who last played (or was registered to play) for a club affiliated to a national association other than that to which the Club which is applying to register him is affiliated shall not be eligible to participate in a match played under the auspices of The League unless The League has received written confirmation from the Club’s national association that an international transfer certificate has been issued in respect of the Player in accordance with the requirements of the Football Association. 44.3 In addition to the forms and documents specifically required by these Regulations, a Club shall submit to The League: 44.3.1 any contract it proposes to enter into which gives the Club or any other party to the proposed contract any rights relating to the transfer of the registration of a player at a date in the future from or to the Club or any rights relating to the employment of the player by the Club; or 44.3.2 any contract it proposes to enter into which gives the Club or any other party to the proposed contract the right to receive payments in respect of a Player. Any such proposed contract shall be subject to the approval of The League. In deciding whether to give such approval The League shall have regard to (without limitation) Section 10 of these Regulations. 44.4 Any Contract Player whose registration is cancelled or who is released by his Club on the grounds of permanent disability shall not be registered for any other Club without the prior consent of the Club which last held his registration. Any Contract Player who has received the Permanent Total Disablement Payment from the Personal Accident Insurance Scheme shall not be registered for any Club except in exceptional circumstances with the consent of the Board. 45 General Provisions Relating to Player Transfers 45.1 Transfers within The League and with The Premier League. All Transfers of registration of Contract Players whether between two League Clubs or to or from a Premier League club shall be dealt with by The League in the manner hereinafter specified in the following Regulations. In such Regulations and elsewhere in this Section 6 where reference is made to transfers between Clubs, unless the context otherwise requires, references to a Club or Clubs shall be taken to include reference to Premier League clubs. 45.2 Transfers of a Contract Player whilst under Contract. During the currency of a contract of a Contract Player the transfer of his registration from Transferor Club to a Transferee Club must be by writing on the prescribed form in which shall be set out full particulars of all financial and other arrangements agreed between the Transferor Club and the Transferee Club and which shall be signed by a properly authorised Official of each of the two Clubs concerned and forwarded to The League for approval and registration together with a copy of the Standard Contract (as defined in Regulation 61.2) with the Transferee Club. The Transferee Club must comply with Regulation 47. Such Contract Player does not become a Registered Player of the Transferee Club seeking his transfer until the Club has received from The League a confirmation of registration and will not be eligible to participate in matches until the date set out in the confirmation, such date to be determined by The League in accordance with the provisions of Regulation 41. The registration of a Contract Player released by his Club or by the Board shall be automatically cancelled, without prejudice to the retention of compensation rights where permitted by these Regulations. In the case of a Player whose registration is cancelled for any reason whatsoever the Club must notify The League immediately in writing. It is the responsibility of the Club seeking the transfer of a Player to have satisfied itself as to the Player's fitness. 45.3 Transfer of a Non‑Contract Player. A Non‑Contract Player is transferred by cancelling his registration form and by re‑registration by his new Club. Any cancellation of a Non‑Contract Player's registration must be notified to him in writing within seven days and The League similarly informed. 45.4 Retention of registration. Clubs shall not transfer The Football Association registration whilst retaining The League registration of any Player without informing The League. 45.5 A Player whose registration is permanently transferred by a Club, or whose registration is cancelled for the purpose of joining any other Club, shall not subsequently be re-registered for the original Club within a period of twelve months from the date he left that Club, except with the prior consent of The League. However, a Player whose registration is permanently transferred may return to his original Club (provided that Club is a Member Club) within twelve months on a Standard Loan transfer in accordance with the provisions of Regulations 52 to 54 provided the circumstances of such an arrangement receives the prior written approval of The League, such approval not to be unreasonably withheld. 46 Conditions of Transfer 46.1 The terms and conditions of all transfers of registration including a copy of the agreement referred to in Regulation 45.2 must be forthwith submitted to The League. Similar details must be received in respect of all Players signed for a fee from abroad. All transfer arrangements in respect of Contract Players are subject to the approval of the Board. Transfers shall not be registered until The League is satisfied that any Transfer Fee or Compensation Fee due at the time of registration has been paid or its payment adequately secured. 46.2 Subject to Regulation 50.1, Transfer Fees, Compensation Fees and Loan Fees shall be treated as private and confidential. 47 Intermediaries 47.1 When applying to register any Player a Club shall, at the same time and in addition to the documents required to be lodged in accordance with Regulation 44.1, send to the Secretary at the Office in writing the following information: 47.1.1 whether the registering Club (and, where applicable, the Club (if it is a Member Club) that last held the Player’s registration (the ‘Player’s Former Club’)) used the services of an Intermediary(ies) and, if any, the identity of any Intermediary(ies); 47.1.2 whether the Player used the services of an Intermediary(ies) and, if any, the identity of that Intermediary(ies); 47.1.3 confirmation as to all amounts paid, either directly or indirectly, by either the registering Club or the Player’s Former Club (if it is a Member Club) to any Intermediary(ies) acting in respect of the matter; and 47.1.4 whether either the registering Club or the Player’s Former Club (if it is a Member Club) has or is intending to reimburse the Player and or the other Club in respect of any Intermediary fees paid by or which are the responsibility of the Player or the other Club. 47.2 All information required to be disclosed in accordance with this Regulation shall be submitted in the form prescribed by The League from time to time. That form must be signed: 47.2.1 by the Player; and 47.2.2 by or on behalf of both the registering Club and, where applicable, the Player’s Former Club (if it is a Member Club) by their respective Chairman, Club Secretary or any other duly appointed signatory. 47.3 Failure on the part of any Club, Official or Player to comply with the provisions of this Regulation 47 or to provide false information to The League shall constitute misconduct. 48 Prohibition of Third Party Investment 48.1 Unless otherwise agreed by the Board and subject to Regulation 48.2, a Club may only make or receive a payment or incur any liability as a result of or in connection with the proposed or actual registration (whether permanent or temporary), transfer of registration or employment by it of a Player in the following circumstances: 48.1.1 by payment to a Transferor Club or receipt from a Transferee Club of a Compensation Fee, Loan Fee, Transfer Fee, sell-on fee arrangement (provided the effect of such arrangement does not entitle any Previous Club (as that term is defined in Regulation 50) to an amount greater than the amount equal to 50% of any excess Compensation Fee, Loan Fee or Transfer Fee) and/or any other subsequent payments which become due under the terms of any transfer; 48.1.2 by payment of levy pursuant to Regulations 49.2.9 or 49.2.11; 48.1.3 by receipt of all or part of a Compensation Fee, Loan Fee, Transfer Fee, sell-on fee and/or any other subsequent payments which become due under the terms of any transfer, in default of payment of it by the Transferee Club from which it is due, from: (a) a Financial Institution or other guarantor; or (b) The League in accordance with the provisions of these Regulations; or (c) the Premier League in accordance with the provisions of the rules of the Premier League; 48.1.4 by way of remuneration (including benefits in cash or kind and Image Contract Payments) to or for the benefit of a Contract Player whose registration it holds; 48.1.5 by way of an allowance permitted by Youth Development Rule 291, to a Scholar with whom it has entered into a Scholarship Agreement; 48.1.6 by way of payment to an Intermediary provided that such payment is made in accordance with the Football Association’s Regulations on working with Intermediaries; 48.1.7 by payment of incidental expenses arising in respect thereof; 48.1.8 by payment or receipt of training compensation or solidarity payment pursuant to the FIFA Regulations for the Status and Transfer of Players and any other levies or payments payable to or by a Club pursuant to the statutes or regulations of FIFA or any other football governing body from time to time, or otherwise properly due to or from such a governing body; 48.1.9 by payment of Value Added Tax payable in respect of any of the above payments or liabilities; and 48.1.10 in the case of a Transferor Club, by assignment of its entitlement to a Compensation Fee, Transfer Fee or Loan Fee to a Financial Institution. 48.2 In respect of a player whom it applies to register as a Contract Player, a Club is permitted to make a payment to buy out the interest of a person or entity who, not being a Club or club, nevertheless has an agreement either with the club with which the player is registered, or with the player, granting it the right to receive money from a new Club or club for which that player becomes registered. Any such payment which is not dependent on the happening of a contingent event may be made either in one lump sum or in instalments provided that all such instalments are paid on or before the expiry date of the initial contract between the Club and the player. Any such payment which is payable upon the happening of a contingent event shall be payable within 7 days of the happening of that event. 49 Transfer/Compensation Fees ‑ Method of Payment 49.1 All Transfer Fees, Compensation Fees and instalments thereof and any subsequent payments which become due under the terms of the original transfer shall be paid direct to The League for immediate onward transmission, where appropriate, to the Transferor Club. Prior to such onward transmission they shall not be paid into the Pool Account but held in a separate Transfer Fee Account. 49.2 The following provisions shall apply in relation to Transfer Fees, Compensation Fees and instalments thereof and any subsequent payments which become due under the terms of the original transfer: 49.2.1 A percentage of the Transfer Fee or Compensation Fee negotiated between the Clubs, plus VAT at the appropriate rate on the total fee shall be paid to The League, by means of electronic transfer or by such other means as the Board may prescribe, before any transfer may be registered. Any balance outstanding must be paid to The League in accordance with the financial agreement within the negotiated timescale agreed between the Clubs. The Transfer Fee or Compensation Fee must be paid within the period of the Player's contract with the Transferee Club. In the event of the Player's registration being transferred or cancelled prior to such payments being completed, the balance outstanding becomes payable immediately and any amount paid into the Transfer Fee Account which is due to the original Transferee Club in respect of the onward transfer will be used first to reduce the balance owed to the original Transferor Club. 49.2.2 When a Transferee Club signs a Player under the provisions of Regulation 65 and an agreement is not reached on the amount of compensation payable, the Transferee Club must immediately pay to The League a deposit of not less than 50% of the Compensation Fee offered. Within 48 hours of the Compensation Fee being determined the Transferee Club must pay any balance of the 50% to The League. 49.2.3 If a Club is in default of payments due to another Club (or club) under a transfer or compensation agreement the Club shall be subject to a registration embargo such that it shall not be permitted to register any Player with that Club without the prior written consent of The League until such time as the agreement is honoured. 49.2.4 If a Club is in default of any Transfer Fee and/or Compensation Fee and any subsequent payments which become due under the terms of the original transfer to another Club only: (a) The League shall also apply any Transfer Fee and/or Compensation Fee proceeds received for transmission to the defaulting Club, together with any payment of monies which would otherwise be payable to the defaulting Club, in settlement of the defaulting Club's overdue Transfer Fee and/or Compensation Fee commitments to any other Club or Clubs pro-rata; and (b) the defaulting Club shall pay interest to the other Club at the rate of 5 per cent per annum over Barclays Bank base rate in force from time to time calculated on a daily basis, on the outstanding sum from the due date to the actual date of payment to the other Club. 49.2.5 For avoidance of doubt, where any transfer agreement includes a provision for any payment to be made on a day other than a Normal Working Day then, unless otherwise expressly stated to the contrary in that transfer agreement, the payment shall be deemed to fall due to the Transferor Club on the immediately preceding Normal Working Day and the Transferor Club shall be entitled to claim payment on that date. 49.2.6 In the event of default as described in Regulations 49.2.3 or 49.2.4 in addition and without prejudice to the provisions of Regulations 49.2.3 and 49.2.4: (a) The League shall have the power to impose a fixed fine under Regulation 82 and 50% of the fixed fine payable by the defaulting Club shall be paid to the Club(s) to which an overdue amount was payable (on a pro-rata basis if more than one Club); (b) The League shall have the power to refer the matter to a Disciplinary Commission to impose such penalties upon the defaulting Club by way of reprimand, fine whether fixed or otherwise, embargo on registrations, deduction of points, suspension, recommend expulsion (subject to Regulation 88) or other penalty as they may think fit under the circumstances; and/or (c) the provisions of Regulation 49.6 shall apply. 49.2.7 Any Club which owes Transfer Fee and/or Compensation Fee monies to a Club which joins The National League on losing League status under the provisions of Regulation 10 or joins The Premier League must continue to pay the monies due via The League or face such penalty or penalties as described in Regulations 49.2.3 and 49.2.6 above, but in the case of a receiving Club joining The National League, this provision will cease to have effect 24 months from such date. 49.2.8 An agreement for an international transfer shall provide that the Transfer Fee and/or Compensation Fee, instalments thereof and any subsequent payments payable to the Transferor Club shall be paid (together with any Value Added Tax payable in respect thereof) to the Football Association by electronic transfer (or by such other means as The League may from time to time direct) for payment to the Transferor Club in accordance with Football Association Rules. 49.2.9 When the registration of a Contract Player is transferred whether during the period of his contract or after the expiry of his contract the Transferee Club shall pay to The League a levy equal to 5% of the Transfer Fee or Compensation Fee as applicable. Such levy shall be paid to The League at the same time as the payment to be made pursuant to Regulation 49.2.1 (or Regulation 49.2.2) and shall comprise 5% of the whole of the Transfer Fee or Compensation Fee payable. Such levy shall not be deductible from the Transfer Fee or Compensation Fee. A Club shall also pay a levy equal to 5% of any transfer fee or compensation fee in respect of any: (a) player signed from abroad as a Contract Player (other than in respect of any element of the fee which relates to Training Compensation which would otherwise have been payable under Article 20 of the FIFA Regulations, if any); (b) player signed from the Premier League, the Scottish Professional Football League, the Irish Football League and FAI National League as a Contract Player; (c) payment made in accordance with Regulation 48.2; and (d) any additional payment(s) made under the terms of any of the foregoing. 49.2.10 The proceeds of the levy less the expenses of The League, will be used to finance the benefit plan for Players. Should the proceeds exceed the premium payable to the pension plan in any year the surplus will be added to the Professional Game Youth Fund (being the fund which makes payment of grants to those Clubs (and clubs) operating Academies in accordance with the Youth Development Rules). 49.2.11 In addition to the levy specified in Regulations 49.2.9 The League shall deduct from each Transfer Fee or Compensation Fee received by it a levy equal to 5% of such Transfer Fee or Compensation Fee. All deductions will be paid to and administered by The Football Foundation in accordance with arrangements agreed between The League and the Foundation from time to time. These provisions shall not apply to any Club whose ground meets the requirements of Lord Justice Taylor's Report as amended by subsequent legislation or as agreed between The League and The Football Foundation. 49.2.12 The Board shall have the power to reduce the levy payable by Clubs in accordance with Regulations 49.2.9 from 5% to 4% by written notice to Clubs. Regulation 2 shall not apply to any such notification. 49.2.13 For so long as the Board has (in accordance with the provisions of Regulation 49.2.12) implemented a reduction in the levy payable in accordance with Regulation 49.2.9 from 5% to 4% then the Transferee Club shall pay to The League an additional 1% of the Transfer Fee or Compensation Fee as applicable (calculated in the same manner as set out in Regulation 49.2.9) ('Youth Development Levy'). The Youth Development Levy shall be paid to The League at the same time as the payment to be made pursuant to Regulation 49.2.1 (or 49.2.2). The Youth Development Levy shall not be deductible from the Transfer Fee or Compensation Fee. For the avoidance of doubt, the Youth Development Levy shall also be paid by the Transferee Club in respect of Players signed from abroad, and in respect of Players signed from the Premier League, the Scottish Professional Football League, the Irish Football League and FAI National League. The Youth Development Levy shall also be paid in respect of any additional payment made under the terms of any transfer/compensation agreement. The proceeds of the Youth Development Levy shall be allocated on such terms as the Board may determine between those Clubs meeting the requirements of the Youth Development Rules promulgated in accordance with the provisions of Regulation 59. 49.3 All payments under this Regulation shall be paid to The League's Transfer Fee Account by electronic transfer or by such other means as The League may prescribe. 49.4 In all such cases of Transfer Fees, Compensation Fee and any subsequent payments which become due under the terms of the original transfer the Transferor Club shall submit to the Club a VAT invoice within 7 days of such payment becoming due. 49.5 If a Transferor Club assigns its entitlement to a Transfer Fee, Compensation Fee or Loan Fee instalment pursuant to Regulation 48.1.10: 49.5.1 it shall procure by means of a legally enforceable agreement that monies payable by virtue of the assignment are paid into the Transfer Fee Account by the assignee; and 49.5.2 it shall irrevocably and unconditionally instruct the Transferee Club to pay such monies to the assignee upon their becoming due. 49.6 Without prejudice to any other powers or restrictions set out in these Regulations or as may be ordered by a Disciplinary Commission, where any Club defaults on payment of any Transfer Fee, Compensation Fee, Loan Fee or any subsequent payments which become due under the terms of any original transfer(s) for a period of 30 days (whether one default of 30 days, or a number of individual defaults which when taken together amount to 30 days) or more in any 12 month period (1st July to 30th June) (Persistent Default) then that Club shall not be permitted to pay or commit to pay any Transfer Fee, Compensation Fee or Loan Fee or any other form of payment (other than a sell on fee) in respect of the registration of any Player during the period: 49.6.1 commencing on the date on which the Persistent Default occurred; and 49.6.2 ending at the end of the next following Season. 50 Fees Payable on Appearances etc 50.1 A Transferor Club shall within 7 days of the date of such transfer provide to any previous Club(s) (and or Premier League Club(s)) with which that Player was registered and which has a right to a sell-on as part of the Transfer Fee or Compensation Fee in respect of any transfer of that Player (in this Regulation the ‘Previous Club(s)’) full details of all amounts paid or due to be paid to the Transferor Club. A Previous Club shall not at any time disclose or divulge either directly or indirectly any information provided to it to any third party without the prior written consent of the Transferor Club save to statutory and regulatory authorities or as may be required by law or to its auditor. 50.2 Unless stated to the contrary, a sell on clause in an agreement between a Transferor Club and Transferee Club (Member Clubs only, and not any other clubs) entered into after the 1st July 2015 shall be construed in such a manner as to ensure that any Loan Fees received by that Transferee Club shall be included in the amounts received (or equivalent provision) for the purposes of calculating the amounts due to the Transferor Club under the sell on clause (if any). 50.3 Where, on the transfer of a Player, provision is made for the payment of further sums on the happening of certain specified events (e.g. after the Player has made a certain number of First Team appearances) it shall be the duty of the Transferee Club to inform both The League and the Transferor Club that the specified events have happened. Unless otherwise specified in the written agreement between the two Clubs, the Transferee Club shall pay to The League within 14 days of the specified events happening the sums of money then due both to the Transferor Club and to The League. The League shall forthwith on receipt of such sums pay the amount due to the Transferor Club. 50.4 In the case of an International Transfer the Transferee Club shall inform the Transferor Club in writing that the specified events have happened and within 14 days pay such sums due in accordance with Regulation 49.2.8. 51 Non‑payment to Players 51.1 If following written notification from the Professional Footballers’ Association, a Club is found to be in default of any payment due in accordance with a Player's contract or payment in consequence of termination of such contract, The League may place an embargo on any transfer of any registration by such Club until the payment is made. 52 Temporary Loan Transfers 52.1 Only Contract Players may sign for another Club (or club) on a Temporary Loan Transfer or Emergency Goalkeeper Loan. Any Player registered on a Standard Loan or an Emergency Goalkeeper Loan may not sign for any other Club (or club) during the period of the respective loan. 52.2 The Temporary Loan Transfer of a Contract Player shall only be approved for a defined period (which must begin and end within the period of the Contract Player’s registration with the Transferor Club) and is subject to the conditions of such Temporary Loan Transfer being known to the Contract Player and approved by The League prior to registration with The League. 52.3 Temporary Loan Transfers shall only be accepted on the prescribed form a copy of which shall also be supplied to The Football Association. The provisions of Regulation 45 shall not apply to such transfers. 52.4 The following restrictions shall apply to Temporary Loan Transfers: 52.4.1 A maximum of 5 Players registered on a Temporary Loan Transfer can be named in the Players listed on a team sheet for any individual match played under the auspices of The League. This maximum shall reduce to 4 Players where a Club names a Player on the team sheet who is registered on an Emergency Goalkeeper Loan; and 52.4.2 No Club may sign more than 4 Players on a Temporary Loan Transfer from another Club (or club) in any Season, of which no more than 2 Players may be over the age of 23. The deadline for determining a Player’s age in this respect shall be as at the 30th June prior to the Season in which the Temporary Loan Transfer is intended to take place. Any Temporary Loan Transfer which subsequently becomes a permanent transfer (which can occur any time during the period of the Temporary Loan Transfer) shall not count against a Club’s quota of such Temporary Loan Transfers for that Season. 52.5 Loan transfers to non-Member Clubs will be subject to: 52.5.1 the clearance of The League (not to be unreasonably withheld); However, clearance will be withheld where any proposed loan would result in a Club loaning more than 4 Players to any single club); 52.5.2 the rules and regulations of the respective leagues / national associations; and 52.5.3 the principles of recall and expiry as set out in Regulation 53.1 shall apply as if set out herein in respect of those Players going out on loan on an equivalent basis to a Standard Loan. 52.6 Clubs shall be permitted to charge or pay a Loan Fee. The provisions of Regulation 49 shall apply in respect of the method of payment (and all associated matters relating thereto) of any Loan Fee save as follows: 52.6.1 the first sentence of Regulation 49.2.1 shall apply unless otherwise agreed between the two Clubs; 52.6.2 Regulation 49.2.2 shall not apply; 52.6.3 any such Loan Fee shall be payable on or before the date agreed between the parties, the latest of which must be 30th June immediately following the conclusion of the Season in which the Temporary Loan Transfer commenced; and 52.6.4 payment of any levy in accordance with the provisions of Regulations 49.2.9 and 49.2.11 shall only become payable where a Temporary Loan Transfer is subsequently made permanent. In such circumstances the appropriate levy payable shall be 5% of the aggregate amount of any Loan Fee and/or subsequent Transfer Fee and/or Compensation Fee payable in respect of the same Player. 52.7 During the period of any Temporary Loan Transfer, a Player shall not play against his Transferor Club without the prior written permission of the Transferor Club (which, if given, must be indicated on the appropriate Temporary Loan Transfer form). 53 Standard Loans 53.1 Subject to the provisions of Regulation 52, Standard Loan transfers shall only be approved in accordance with following provisions: 53.1.1 subject to the proviso that the duration of a Standard Loan must be the time between two Transfer Windows, Standard Loans can be for half a Season or a full Season; 53.1.2 any recall clause requiring the early termination of a Standard Loan can only be included in a full Season Standard Loan and this can only be activated during the second (January) Transfer Window; 53.1.3 any other early termination of a Standard Loan must be by way of a mutual agreement in writing (including by way of a recall clause within the Standard Loan Agreement) between the Transferor Club, the Transferee Club and the Player but can only be completed after the expiry of 28 days and only during a Transfer Window (but subject to Regulation 53.1.4 below); 53.1.4 A Player whose Standard Loan expires (or terminates) at the end of the Season of the Transferee Club but prior to the completion of the League Matches of his Transferor Club (where it is a Member Club) will not be eligible to play in any remaining League Matches for the Transferor Club in that Season; 53.1.5 Notwithstanding the provisions of Regulation 53.1.1, a Standard Loan of a goalkeeper (but not otherwise) may be subject to a recall clause exercisable at any time. Any recall may only be implemented: (a) in extenuating circumstances and with the consent of The League, such extenuating circumstances to be determined in The League's absolute discretion; or (b) where the Club seeking to exercise the recall has only one Professional Goalkeeper available (applying the criteria set out in Regulations 55.1.1 to 55.1.3 below). The recall will be subject to not less than 24 hours’ written notice. A goalkeeper shall not be permitted to resume any Standard Loan following the exercise of a recall. 53.2 A Player registered on a Standard Loan may continue to play non-first team football for his Transferor Club, and The League shall disregard any non-first team appearance when assessing whether any application for registration of a Player would otherwise comply with the requirements of Article 5(3) of the FIFA Regulations. Clubs acknowledge that such non-first team appearances may still be considered by other leagues, national associations and/or FIFA when assessing compliance with Article 5(3) on any subsequent application by the Player to be registered with any other club 54 International Loan. 54.1 Clubs may also sign players on a Temporary Loan Transfer from an International Club in accordance with the principles set out in Article 10 of the FIFA Regulations subject to the following provisos: 54.1.1 the onus is on the Transferee Club to identify whether the signing of the player from the International Club is a permanent transfer or International Loan. Players may not be signed from an International Club on any other basis; 54.1.2 Players signed on an International Loan must sign an employment contract with the Transferee Club in a form equivalent to the Standard Contract; 54.1.3 the onus is on the Transferee Club to comply with the requirements of the FIFA Regulations. 55 Emergency Goalkeeper Loan 55.1 If all the Professional Goalkeepers at a Club are unavailable as a result of having been: 55.1.1 certified by an independent medical practitioner as being unfit to play; 55.1.2 suspended; or 55.1.3 called up to play for his national association representative matches in accordance with the requirements of FIFA as laid down from time to time, a Club may register (either before or after the deadlines laid down in Regulation 41.6 and 41.7), a further goalkeeper on a short term basis in accordance with the following provisions. 55.2 The Club must supply to The League, (including by facsimile) written evidence to demonstrate the circumstances set out in Regulation 55.1 apply, together with the appropriate form(s) for his registration and The League having confirmed that the circumstances conform to the provisions of this Regulation: 55.2.1 in respect of any fixture played on a weekday when the Office is normally open, at least three hours before the match; or 55.2.2 in respect of any other fixture: (a) 12 noon on the day of the match; or (b) at least three hours before the match, whichever is the earlier. 55.3 The period of any Emergency Goalkeeper Loan: 55.3.1 shall be for a period of 7 days, inclusive of the starting date and finishing date; and 55.3.2 may be renewed for 7 days at a time, subject to compliance with Regulation 55.2 in respect of each proposed renewal. 55.4 The provisions of Regulation 52.4.2 shall not apply to an Emergency Goalkeeper Loan. 56 Medical Insurance and Medical Records 56.1 Clubs must ensure that the following heart screening checks are performed for each Player registered with that Club: 56.1.1 for any Player aged 16: (a) the completion of a cardiac history questionnaire and physical examination; (b) a standard 12-lead electrocardiogram (ECG); and (c) an echocardiography, and that the results of the tests are reviewed by an experienced sports cardiologist. 56.1.2 for any Player aged 18 and 20: (a) the completion of a cardiac history questionnaire; and (b) a standard 12-lead ECG, and that the results of the tests are reviewed by an experienced sports cardiologist. 56.2 Clubs must ensure that, where any Player over the age of 16 does not have results of any required physical examination, questionnaire, ECG or echocardiography, in their medical records, the relevant test(s) are completed. 56.3 The: 56.3.1 results of any ECG; 56.3.2 results of any echocardiography; and 56.3.3 cardiac history questionnaire(s), must be contained in the Player's medical records. 56.4 Private medical insurance. Every Club shall have cover for all Contract Players and Scholars (football related injuries only for Scholars) through a Private Medical Insurance Scheme while an agreement between The League and The Professional Footballers' Association for the subsidising of such schemes is in being. 56.5 Medical records. Clubs shall ensure that their medical practitioner or physiotherapist keeps detailed up‑to‑date medical records for all Contract Players in accordance with standard medical practices. 56.6 Monitoring and Compliance. Clubs shall co‑operate at all times with the monitoring and compliance programmes and inspections as required by The Football Association and/or The League from time to time. 56.7 Transfer of Medical Records. When a Player's registration is about to be transferred (including a temporary loan transfer), the Transferor Club must make such records available to the medical practitioner or physiotherapist of the Transferee Club. This procedure shall also apply to Players transferred under the provisions of Regulations 52 to 55. 57 Registration of Non‑contract Players 57.1 The registration of a Non‑Contract Player will be valid only for the Season in which the registration form is signed. 57.2 A Club may only register a Non-Contract Player (subject to the provisions of Regulation 41.7) during a Closed Period if he is an Unemployed Player. 57.3 A Non-Contract Player's registration will expire at the end of the Season which for the purposes of this Regulation, will be deemed to be the third Saturday in May or within four days of the Club's last match of the Season, whichever is the later. After this date the Player may sign for another Club for the following Season or he may choose to re-sign for his former Club. 57.4 A Club wishing to immediately re-sign a Non-Contract Player should include his name on its Club List of Players for the following Season and notify the Player of its intentions in accordance with the procedure laid down in Regulation 67. 57.5 A Club will only be entitled to seek a Compensation Fee for the loss of a Non‑Contract Player's Registration who is an Under 24 Player if such Club has made the Player a written offer of terms to become a Contract Player prior to the expiration of the Registration or for other reasons satisfactory to the Board. The amount of such Compensation Fee shall be agreed between the two Clubs concerned or in default of such agreement should be determined by the Professional Football Compensation Committee on the application of either of such Clubs. 58 Termination of Registration of Non‑contract Player 58.1 The registration of a Non‑Contract Player may only be terminated during the Season as follows: 58.1.1 by mutual consent of Club and Player, the details of which must immediately be notified in writing to The League, with a copy to the Player; or 58.1.2 by the Board if in its absolute discretion it determines that the Player has not played in the class of match which his ability warrants; or 58.1.3 for other reasons satisfactory to the Board. 59 Youth Development Rules 59.1 In consultation with The Football Association, The Premier League, Clubs and other appropriate bodies The League has power to adopt rules relating to youth development and young Players. 59.2 These rules will form a section of the Handbook and will have the same force as Regulations. The Board has power to alter, delete or add to such rules and Regulation 2 does not apply. 59.3 Any application for permission to operate an Academy will require, in addition to such other requirements as the Board may determine following consultation in accordance with Regulation 59.1 above, Clubs to procure any educational element of work based training for Academy Players from The League’s nominated training provider. 59.4 League Child Protection policies, practices and procedures, as advised from time to time by The League, will be applied to all aspects of Club activities involving children. Clubs must abide by the Government legislation that applies to children under the age of 18. The League policies and procedures are set out in the Appendix to Youth Development Rules and shall be issued to all Academy Players and their parents/guardians. 60 Monthly/Multiplicity Registrations 60.1 Subject to Regulation 60.2 below, a Club may register a Player for a period of one (and, for the avoidance of doubt, not less than one) calendar month or more calendar months provided that the registration expires on or before 30 June following registration. 60.2 A Club may only register a Player in accordance with Regulation 60.1 (subject to the provisions of Regulation 41.7) during a Closed Period if he is an Unemployed Player. 60.3 The Club shall complete the prescribed League registration form and forward it to The League together with a copy of the contract of employment. For second and subsequent months a monthly extension registration form G1 (extension) must be completed and forwarded to The League. 60.4 Players on a second or subsequent monthly contract are entitled to notice as to whether the Club intends to offer a further period of engagement not later than 7 days before the expiry of that monthly contract. 60.5 Players on a contract for two or more months are entitled to notice as to whether the Club intends to offer a further period of engagement. The notice is not less than 2 weeks before the expiry date where the contract expires on or before 31 December and not less than 4 weeks before the expiry date where the contract expires on or after 1 January. 60.6 On the expiry of a registration under this Regulation a Player is entitled to sign for any Club of his choice without restriction and without payment of any compensation. 61 Conditions of Contract 61.1 A Player under the age of seventeen years may not enter into a contract of employment with a Club and may only be registered as an Academy Player. Any contract of employment signed by a Player under the age of eighteen at the time of signing must also be signed by a parent or guardian. 61.2 All contracts between Clubs and Players must be in the equivalent of Form 20 of Premier League rules (the ‘Standard Contract’). 61.3 The Standard Contract must be signed on behalf of the Club by either the Chairman alone or the club secretary or duly appointed signatory together with one director. 61.4 Clubs shall be free at any time to re‑negotiate or amend the financial provisions set out in Schedule 2 of the Standard Contract with its own Players on such terms as shall be mutually acceptable except that where a contract is so re‑negotiated or amended during a Season and the effect of the renegotiation or amendment is to increase the Player’s remuneration (which term shall include any benefits in kind) it shall be dated to expire at least one year later than the existing contract between the Club and Player. 61.5 Clubs must submit copies of all contracts between Clubs and Players to The League within five days of their being made. 61.6 Full details of all payments to or benefits paid in cash or in kind on behalf of Players, including particulars of any Image Contract Payment, must be included in the Standard Contract except such specific payment or benefits as shall be specified in advance by The League in writing. In the event that the Standard Contract covers more than one Season it must specify the rate of basic remuneration to be paid relative to the divisional status of the Club. 61.7 The terms of a Standard Contract between a Club and a Player shall be strictly adhered to. 61.8 Clubs must ensure that any boy signing a contract part‑way through his scholarship must continue the educational aspect of the scholarship. 61.9 Fines suspensions and notices of termination under the Standard Contract must be reported to The League and The Football Association and such notification must be accompanied by a copy of the notice served on the Player. 61.10 Standard Contracts. Any appeal by a Player under the provisions of the Clause 10.3 of, or Paragraph 3.3.2 of Part 1 of Schedule 1 to, the Standard Contract, or by a Club under the provisions of Clause 11.2 of the Standard Contract shall be referred to a Player Related Dispute Commission. 61.11 Either the Club or Player may appeal against the decision of a Player Related Dispute Commission to the League Appeals Committee and such further appeal shall be made within seven days of receipt of the Commission's decision and shall be heard within fourteen days of receipt of the notice of appeal. Section 9 of these Regulations will not apply. 61.12 The Player shall have the right to a personal hearing before a Player Related Dispute Commission and shall have the right on any appeal to be accompanied or represented by any officer of The Professional Footballers' Association. The Player shall also be entitled to be legally represented but he must give The League prior written notice of his intention to be legally represented. Note For Standard Contracts, disciplinary matters are dealt with under the terms of the Standard Contract. 61.13 Unless otherwise agreed by The League, no lump sum payment shall be paid or payable by a Club to a Player during the first year of his employment as a Contract Player with that Club save for: 61.13.1 a Signing-on fee (which must be paid in accordance with Regulation 61.14); or 61.13.2 a sum paid in respect of the Player’s relocation expenses not exceeding the amount from time to time permitted by HMRC to be paid for this purpose without income tax and national insurance liability. 61.14 Signing‑on fees may be paid only to Contract Players and must be paid in equal annual instalments over the period of the contract. If the Player's registration is transferred at any time during the currency of his contract at the request of the Club any balance of the signing‑on fee then unpaid shall become immediately due and payable to the Player, unless a Player Related Dispute Commission, having considered at the Club's request, the circumstances in which the request of the Club was made, consider that such payments shall not be made. If the Club or the Player is not satisfied with the decision of the Player Related Dispute Commission there shall be a right of appeal to the League Appeals Committee within fourteen days of receipt of the Player Related Dispute Commission's decision. The decision of the League Appeals Committee shall be final. 61.15 If a Player’s registration is transferred by reason of his written request or there is a proven statement in the media by the Player or his Intermediary to the effect that he wants to join another Club, or he leaves a Club by reason of a breach by him of his contract, he shall forfeit any instalments of the signing on fee that fall due for payment after the date on which the registration is transferred, unless the Player Related Dispute Commission is satisfied that his request for a transfer was made on reasonable grounds. 61.16 If the Club or the Player is not satisfied with the decision of the Player Related Dispute Commission there is a right of appeal to the League Appeals Committee within 14 days of receipt of the Player Related Dispute Commission’s decision. The decision of the League Appeals Committee is final. Section 9 of these Regulations does not apply. 61.17 If any such future payments have been waived by the Player or are in dispute when the Player’s registration is transferred, the fact of the waiver or dispute must be notified to The League at the time of transfer by the Transferor Club. In the absence of such notification, the outstanding instalments will be payable unless there are exceptional reasons acceptable to the Player Related Dispute Commission as to why the notification was not made at the proper time. 61.18 None of Regulations 61.14 to 61.17 shall apply where a Player is signed for a period of less than three calendar months. 61.19 All Contracts of Service between Clubs and Players must be treated as private and confidential. 61.20 When a Player's Standard Contract is terminated by mutual consent, the Club may retain the Player's registration until he signs for another Club and shall be entitled, without further payment to the Player to a Transfer Fee or Compensation Fee (as applicable) in respect of any subsequent transfer of his registration. The Player shall be informed of the Club's intention to retain his registration. Any dispute in relation to the level of any Transfer Fee or Compensation Fee (as applicable) shall be determined in accordance with the provisions of Regulation 61.22. 61.21 When a Player's Standard Contract is terminated by his Club, the Club may retain the Player's registration until he signs for another Club and shall be entitled to a Transfer Fee or Compensation Fee (as applicable) in respect of the next transfer of his registration. The Player whose Contract is so terminated shall after six weeks from the date of the notice of termination be entitled to a weekly sum equivalent to his last weekly basic wage. The Club may at any time apply to the League Appeals Committee for that entitlement to be suspended either because of the facts leading to the termination or on the grounds that the Player has without good reason refused offers of employment from another Club or for other relevant reasons. 61.22 Any dispute between the Club holding the Player's registration and any other Club negotiating to obtain such registration as to the amount of compensation payable shall be determined by the Professional Football Compensation Committee whose decision shall be final and binding. 61.23 All Clubs must submit a Return of Players' Earnings for the previous tax year not later than 30 June in any year. 62 Minimum Wages 62.1 The minimum weekly wage for Players shall be such sum as shall be specified by law from time to time. 63 Approaches by Clubs 63.1 Clubs shall not directly or indirectly approach any Player whose name is on the Clubs List of players (as described in Regulation 67) of another Club except in accordance with Regulations 65 or 68. 63.2 Any Club wishing to obtain the services of a Player whose registration is open to transfer whilst under contract (as indicated on a Club’s List of Players) must communicate any offer in writing (or if there is insufficient time, by telephone, confirmed in writing) to the Club holding the registration of such Player. 64 Clubs Ceasing to be Members 64.1 In the event of a Club ceasing to be a member of The League otherwise than by reason of promotion to The Premier League (and except as provided for in Regulation 64.3) all Contract Players and Scholars of such Clubs shall from the date of such cessation be deemed to be registered with The League and The League shall have the same rights in respect of the transfer of the registrations of all such Contract Players and Scholars as such Club had until the date of such cessation. The Board shall assess the fees to be placed upon the transfers of such registrations, subject to any appeal to the Professional Football Compensation Committee, and any fees derived from such transfers shall belong to The League. The registration of any Academy Player shall be released forthwith. 64.2 The Board shall have the power to make from any fees received by The League, a grant to any Club to which Transfer Fees and/or Compensation Fees are owed by the Club ceasing membership. The amount of the grant shall be entirely a matter for the Board and no Club shall have a claim as of right to all or any part of such fees. In its absolute discretion the Board shall apply the following: 64.2.1 where the fees are received from the transfer of a particular Player, those fees shall be paid to any Club or Clubs owed Transfer Fees or Compensation Fees in respect of that same Player. Where there is more than one Club, payment shall be pro-rata; and 64.2.2 if any fees remain after paying the Club or Clubs referred to in Regulation 64.2.1, such fees shall be paid to any other Club or Clubs owed Transfer Fees or Compensation Fees by the Club ceasing membership. Where there is more than one Club, payment shall be pro-rata. 64.3 In the event of a Club retiring as a member of The League and joining The National League under the provisions of Regulation 10 the following conditions shall apply to Players registered with such Club. 64.3.1 An Under 24 Player who has refused an offer of re‑engagement made by his Club in accordance with Regulation 65 who remains in dispute with his Club as at the 15 July next following the Club's loss of League status must sign a National League registration form and Contract with his Club which Contract must contain a clause consistent with Regulation 65.9.1 to the effect that the Player remains free to speak to other Clubs without restriction subject to him keeping the Club with which he is contracted, aware of any negotiations. The Contract should contain the same financial terms as were included in clauses Schedule 2 of his last Standard Contract except that a signing‑on fee stipulated to be a once only payment need not be repeated and the Player will be bound by any new incentive schedule. If the Player refuses to be registered in The National League then his Club will be entitled to retain compensation rights without payment of a wage. The Professional Football Compensation Committee will on application from a Club or Player determine a dispute over the Compensation Fee. 64.3.2 A Player's Contract which is not due to expire until after the next 30 June following the Club's loss of League status will remain valid in The National League. 64.3.3 The registrations and contracts of Scholars may be maintained provided that the Club continues to fulfil the requirements imposed by the Scholarship Agreement and the Youth Development Rules relating to the operation of a Scholarship Programme, otherwise the Scholars will be entitled to their release. 64.3.4 The registrations of Academy Players may be retained by The League in favour of the Club provided that the Club continues to fulfil the requirements imposed by the Academy Player's registrations and the Youth Development Rules relating to the operation of an Academy, otherwise the Academy Players will be entitled to their release. 65 Transfers After Expiry of Contract 65.1 Subject to the provisions of these Regulations, (and, in particular, Regulation 41), a Player shall be free to seek registration with any Club of his choice, on the expiry of his contract of employment. 65.2 Any Club wishing to re‑engage a Contract Player whose contract is due to expire on 30 June must, save as mentioned in Regulations 65.2.1 to 65.2.4 below, notify him in writing by the third Saturday in May in the final year of his contract whether or not they offer him terms of re‑engagement specifying (where applicable) such terms. Notification of the terms offered may only be deferred: 65.2.1 in the event of a Club not having completed its League programme by the third Saturday in May, and then only if any outstanding fixture or fixtures could have some bearing on the issues described in Regulation 10 or on possible qualification for other competitions; or 65.2.2 in the event of a Club being involved in the end of Season Play‑Off competition as described in Regulation 10; or 65.2.3 in the event of a Club still being involved in a Football Association Cup Match on or after the third Saturday in May; or 65.2.4 in the event of a Club still being involved on or after the third Saturday in May in a competition arranged under the auspices of The League. In these circumstances Players must be notified of the terms offered within four days of the Club's last such match. 65.3 Subject to the provisions of this Regulation 65, any Club which makes an offer in accordance with Regulation 65.2 of re‑engagement to a Contract Player who is an Under 24 Player and which is in the opinion of the Board not less favourable than the Player's current contractual terms, shall be entitled to a Compensation Fee in respect of the loss of the Player's registration, should the Player sign for another Club. In order to comply with this Regulation, the annual value of the terms offered must be at least equivalent to the most favourable year's terms in the Player's previous contract. The terms offered to Players for re‑engagements must be as favourable overall except that a signing‑on fee included in the previous contract and stated to be a once only payment need not be repeated. Copies of all offers of re‑engagement made to Contract Players must be sent to The League. 65.4 The Player must notify in writing the Club holding his registration within one month of the date on which notification of the said terms of re‑engagement were sent, whether or not he accepts their offer of re‑engagement. If the Player has not replied in writing to the Club's offer of re‑engagement by 30 June, the offer shall automatically lapse. In the case of an Under 24 Player, the Club's compensation rights shall not be affected. 65.5 If by or following the expiry date of the Player's contract the Club holding the Player's registration and any other Club which subsequently obtains or is then negotiating to obtain such registration have not reached agreement on the amount of Compensation Fee payable either of the Clubs concerned or the Player shall have the right to request that the fee be determined by the Professional Football Compensation Committee in accordance with Regulation 66, and in the event of such right being exercised, it or he shall inform the other such parties and the Secretary of the Professional Football Compensation Committee forthwith. Both such Clubs shall provide the Professional Football Compensation Committee with all relevant information. The Professional Football Compensation Committee shall as soon as possible determine the amount of Compensation Fee and its determination shall be final and binding. Note In the event of the Player wishing to sign for a Club not in membership of The League or The Premier League, i.e. a non-League Club, The Football Association Rule C.1 (n) (vi) applies in respect of the registration of Players by Clubs from other leagues. 65.6 If a Player, who is an Under 24 Player, wishes to claim a Free Transfer on the basis of his offer of re‑engagement being less favourable than his current contractual terms, he must send a written application to The League, with a copy to his Club, by 30 June, otherwise the Club's compensation rights will be retained. 65.7 If such Player's application is successful he shall continue to receive from his Club as severance payment his weekly basic wage for a period of one month from the expiry date of his contract or until the Player signs for another Club, whichever period is the shorter, provided that where a Player signs for a Club within one month at a reduced basic wage then his old Club shall make up the shortfall in basic wage for the remainder of the month. 65.8 The Board shall determine any dispute between Clubs about the method of payment of a Compensation Fee. 65.9 If the Player, who is an Under 24 Player, does not accept the said offer of re‑engagement and/or indicates that he wishes to leave the Club holding his registration, but his registration is not transferred to another Club before the date of expiry of his contract, then the Club holding his registration may after such expiry date either: 65.9.1 enter into a contract with the Player in accordance with the provisions of Regulation 61 but providing that the Player's registration may be transferred to another Club at any time during the currency of such contract (subject to the provisions of Regulation 41) for a fee determined in accordance with these Regulations; or 65.9.2 continue to pay the Player the basic wage payable under the contract which shall have expired. In such event the Player shall not be eligible to play for the Club holding his registration nor be subject to the regulations and discipline of such Club, and (so long as it continues to pay the Player the basic wage as aforesaid) such Club shall be entitled to a Compensation Fee from any other Club wishing to obtain the registration of the Player. The Player shall be an Unemployed Player for the purposes of Regulation 41.6.1. On the application of the Club made on or after the first day of the Season the Professional Football Compensation Committee may rule that because the Player has without good reason refused offers of employment with another Club or other Clubs or because there are other relevant circumstances, the Club may retain its entitlement to a Compensation Fee as aforesaid without being obliged to continue to pay over basic wage after a date stated in this ruling; or 65.9.3 agree with the Player that the Player shall continue playing for the Club on a week by week basis under the financial terms of his last contract unless the Club incentive schedule paid in accordance with that contract has been changed in which case the Player will receive the revised incentives. The Player will, in these circumstances, be subject to Club regulations and discipline and to the Football Association Rules and these Regulations. In order to maintain compensation rights on the registration of a Player employed at the end of a Season on a week by week basis under the provisions of this Regulation a Club must, between the fourth Thursday in March and the third Saturday in May (both dates inclusive) notify the Player in writing of its intentions. If the week to week contract expires during a Closed Period then the Player will not be eligible to play for another League Club until the commencement of the next following Transfer Window; or 65.9.4 cease to pay the Player the basic wage as detailed in Regulation 65.9.2, in which case the Player shall be free to negotiate with, sign for and be registered with any other Club at any time without payment by such other Club of any Compensation Fee; or 65.9.5 cease to pay and play the Player on a weekly basis as detailed in Regulation 65.9.3, in which case the Player shall be free to negotiate and sign for any other Club at any time (but he will not be eligible to play for another League Club until the commencement of the next following Transfer Window) without payment by such other Club of any Compensation Fee. In either of the circumstances set out in Regulations 65.9.4 or 65.9.5, two weeks’ notice in writing must be given before payment to the Player ceases. 65.10 Any attempt by a Club to use negotiations to prevent a Player joining the Club of his choice will be regarded as misconduct. 65.11 Clubs must notify the Player and The League of all offers received for the Player's registration. 65.12 Any Club wishing to place the name of a Non‑Contract Player on its List of Players for the following Season must so notify him in writing in accordance with the procedure laid down in Regulation 65.2. 65.13 An Under 24 Player who has not received written notice from his Club of an offer of re‑engagement in accordance with this Regulation shall continue to receive from his Club as severance payment his weekly basic wage for a period of one month from the expiry date of his contract or until the Player signs for another Club, whichever period is the shorter, provided that where a Player signs for a Club within the month at a reduced basic wage then his old Club shall make up the shortfall in basic wage for the remainder of the month. 65.14 The action of a Club in securing a Player's signature on a Standard Contract shall constitute an acknowledgement of that Club's liability to pay the appropriate Compensation Fee in accordance with these Regulations. 65.15 A Player who, having refused to accept his Club's offer of re‑engagement made in accordance with this Regulation, elects to sign for a Club in another country shall not be re‑registered in The League until after a lapse of twelve months from the date he joined the foreign Club unless the special consent of the Board is obtained. The Board may refer any question of compensation to his previous Club to the Professional Football Compensation Committee whose decision shall be final and binding. 66 Compensation Fee for Players out of Contract 66.1 In determining the Compensation Fee under Regulation 65.5 the Professional Football Compensation Committee shall take into account the costs set out in Regulations 66.2 and 66.3 and any of the criteria set out in Regulation 66.4. 66.2 Any cost incurred by either Club in operating an Academy including (without limitation) the cost of providing for students: 66.2.1 living accommodation; 66.2.2 training and playing facilities; 66.2.3 scouting, coaching, administrative and other staff; 66.2.4 education and welfare requirements; 66.2.5 playing and training strip and other clothing; 66.2.6 medical and first aid facilities; and 66.2.7 friendly and competitive matches and overseas tours. 66.3 Any other costs incurred by the Transferor Club directly attributable to the training and development of Players including any Transfer Fee or Compensation Fee referred to in Regulation 66.4.3. 66.4 The criteria are: 66.4.1 the status of the two Clubs involved; 66.4.2 the age of the Player; 66.4.3 the amount of any Transfer Fee or Compensation Fee paid by the Transferor Club upon acquiring the registration of the Player; 66.4.4 the length of time during which the Transferor Club held the registration of the Player; 66.4.5 the terms of the new contract offered to the Player by both Clubs; 66.4.6 the Player's playing record in Club and international team appearances; and 66.4.7 substantiated interest shown by other Clubs in acquiring the services of the Player. 67 List of Players 67.1 Every year each Club shall forward to The League no later than the deadline laid down in Regulation 65 for the notification of Players, a Club List of Players' names for registration by The League including: 67.1.1 Contract Players whose contracts are due to terminate on the next 30 June and to whom the Club has made offers of further re‑engagement; 67.1.2 Contract Players with whom Standard Contracts are in existence, such contracts being due to terminate on 30 June in any subsequent year including any Contracts of Service under which an option to extend the term thereof has been exercised by the Club; 67.1.3 Contract Players whose contracts are due to terminate on the next 30 June and to whom the Club has not made offers of further re‑engagement; 67.1.4 Players employed on a week by week basis under the provisions of Regulation 65.9.3 to whom the Club has either made a further offer of re‑engagement or indicated that it wishes to continue with the week by week agreement; 67.1.5 Scholars with whom agreements are in existence; and 67.1.6 Non‑Contract Players whose registrations have not been cancelled. 67.2 Full first names shall be included in all cases. 67.3 The registrations of Non‑Contract Players whose names are omitted from the Club List of Players are automatically cancelled. A Non‑Contract Player whose registration has not been cancelled must be re‑signed. 67.4 The Clubs' List of Players shall be published by The League not later than the second Saturday in June. 68 Players Over 24 68.1 A Player aged 24 years or over as at 30 June is entitled (subject to Regulation 41) to sign for any Club of his choice without restriction on the expiry of his contract on or after that date without payment of any Compensation Fee. 68.2 A Player who is under 24 years as at 30 June will have to wait until the following 30 June before he is entitled to the benefit of Regulation 68.1. 68.3 An Over 24 Player who has refused an offer of re-engagement which, in the opinion of the Board is not less favourable than the Player's current contractual terms, shall not be entitled to any severance or other payment in respect of the expiry of his contract or for any period after the expiry of his contract. 68.4 This Regulation 68 applies notwithstanding any other provisions in these Regulations and if there is any conflict, Regulation 68 shall prevail. 69 Avoidance and Evasion of Transfer Fees and/or Compensation Fees 69.1 If in the opinion of the Board a Standard Contract has been drawn up or amended with the purpose or effect of avoiding or evading the payment of full compensation in accordance with the intent of the provisions of these Regulations, the Board shall require the Club which is responsible for so drawing up or amending the contract to pay to the Club entitled to compensation the amount of compensation which the Board considers in its absolute discretion ought to be paid. 69.2 If in the opinion of the Board any Club unfairly traffics or deals in the registration of any Player or otherwise abuses in any way the system of transfer and compensation provided for by these Regulations or the intent thereof such Club shall be guilty of misconduct. If applicable the Board shall require such Club to pay to the Club from whom the registration of any Player was transferred such sum as the Board may consider just. 69.3 If any question within the ambit of this Regulation 69 shall arise in relation to a transfer between Clubs in membership of The League and The Premier League, any issues relating to alleged misconduct shall be referred to the Football Association and any question relating to the Transfer and/or Compensation Fee payable shall not be referred to the Board but direct to the Professional Football Compensation Committee. 70 Professional Football Compensation Committee 70.1 The Professional Football Compensation Committee shall adjudicate upon disputes: 70.1.1 arising from the transfer of registrations of Non‑Contract Players under Regulation 58; 70.1.2 arising from the re‑engagement system for Contract Players including disputes under Regulation 65; and 70.1.3 as provided in Regulations 61, 64 and 71; 70.2 The provisions of Appendix 4 – Regulations of the Professional Football Compensation Committee shall govern the conduct of proceedings before it. 71 Other Disputes 71.1 Any dispute or difference not otherwise expressly provided for in these Regulations between a Club and any Player shall be referred in writing to a Player Related Dispute Commission for consideration and adjudication. 72 Appeals from a Player Related Dispute Commission 72.1 Any Club or Player aggrieved by the decision of a Player Related Dispute Commission may appeal against that decision to the League Appeals Committee (and not, for the avoidance of doubt, to arbitration in accordance with Section 9 of the Regulations). 72.2 The League Appeals Committee shall comprise: 72.2.1 the Chairman of the Professional Football Negotiating and Consultative Committee, or his nominee, who shall act as the Independent Chairman of the Committee and who in case of equality of votes, shall have a second or casting vote; 72.2.2 a nominee of the Board; 72.2.3 a nominee of The Professional Footballers' Association; and 72.2.4 a nominee of the Institute of Football Management and Administration. 72.3 Notice of appeal must be lodged with the company secretary of The League within fourteen days of the Player Related Dispute Commission’s decision. 72.4 The Player may if he so desires be accompanied or represented at the Player Related Dispute Commission hearing and/or on the hearing of the appeal to the League Appeals Committee by an officer of the Professional Footballers’ Association. The Player and/or Club shall also be entitled to be legally represented but they must give The League prior written notice of their intention to be legally represented. 72.5 The League Appeals Committee shall be competent to call for any documentary evidence available to The League and shall have the power to order the attendance of and production of documents by any Club, Official, or Player. 72.6 The secretary of the League Appeals Committee shall be appointed by the Board from the Staff of The League. 72.7 The secretary of the League Appeals Committee shall send all evidence submitted by either party in the dispute to the other party or parties. 72.8 The Chairman of the League Appeals Committee may give directions as he thinks fit for the future conduct of the proceedings addressed in writing to the parties with which the parties shall comply without delay. 72.9 The Chairman of the League Appeals Committee shall have an overriding discretion as to the manner in which the hearing of the proceedings shall be conducted. 72.10 Unless: 72.10.1 as otherwise agreed between the parties; 72.10.2 as directed by the Chairman in exercise of his discretion under Regulation 72.9 above; or 72.10.3 as prescribed by Regulation 72.13 below, the League Appeals Committee shall proceed by way of a review of the evidence presented before, and the decision of, the Player Related Dispute Commission with the parties having the right to make written and oral submissions on those matters only. 72.11 The League Appeals Committee shall not be bound by any enactment or rule of law relating to the admissibility of evidence in proceedings before a Court of Law. 72.12 If any party wishes to introduce new evidence then their notice of appeal or reply must state so clearly and include a copy of any such evidence. The Chairman of the League Appeals Committee shall have absolute discretion to determine whether such new evidence shall be admitted. Such evidence will not be admitted unless: 72.12.1 the evidence was not available at the time of the original inquiry, hearing or proceedings notwithstanding the exercise of reasonable diligence by the person seeking to introduce it. 72.12.2 the evidence is credible; and 72.12.3 the evidence is relevant. 72.13 Where the Chairman of the League Appeals Committee decides to admit the new evidence under Regulation 72.12, the appeal shall be conducted as a full re-hearing. 72.14 The League Appeals Committee shall give reasons for its decision. 72.15 Further, the League Appeals Committee may make such order in respect of: 72.15.1 the costs of the investigation; and 72.15.2 the costs of the proceedings; and 72.15.3 the costs of the League Appeals Committee as it may think fit. The League Appeals Committee shall have the power to enquire into any costs claimed by a party and to order that such costs be assessed on an equivalent basis to detailed assessment in the High Court. 72.16 The decision of the League Appeals Committee on all matters coming before it shall be final and binding on all parties and the provisions of section 9 shall not apply to disputes of this nature. 72.17 Should the Independent Chairman for any reason be absent or unable to act a Deputy Independent Chairman shall be appointed to act in his place by agreement between The League and The Professional Footballers' Association. 73 Inducements and Approaches 73.1 Subject to the provisions of Regulations 65 and 73.2, Clubs, Officials, Players shall not (and shall procure that their respective employees, agents or Intermediaries shall not) directly or indirectly induce or attempt to induce a Registered Player of another Club or a Premier League club to leave for any purpose whatsoever the employment of the Club with which he is registered or cease to be so registered. Any penalty imposed on a Club may include the refusal to register for the Club, guilty of the infringement, any Player whom they consider has been so induced. 73.2 Notwithstanding the provisions of Regulation 72.1, a Club shall be at liberty after the third Saturday in May in any year (or as determined by Regulations 65) and before the 1st July next following to make such an approach to a Contract Player: 73.2.1 who will become an Out of Contract Player on that 1st July; and 73.2.2 who has received no offer from his Club under Regulation 65; or 73.2.3 who has received but has declined such offer in writing. 73.3 Public statements by Clubs, Officials or Intermediaries of their interest in Registered Players of other Clubs shall be regarded as inducements within the meaning of this Regulation. 73.4 No Club shall employ a Player who is on the list of Registered Players of another Club or Premier League club or who has failed to comply with a decision of The Board, any Player Related Dispute Commission, any Disciplinary Commission or the League Appeals Committee. Infringements of this Regulation shall also be dealt with by a Disciplinary Commission who may impose any penalty they in their discretion feel necessary including refusal to register the Player. 73.5 Subject to the provisions of Regulations 65 and 73.6 a Registered Player shall not directly or indirectly communicate with or approach another Club or any Official or Player of another Club with the object of negotiating or arranging the transfer of himself or another Player to such other Club during the currency of a contract. Any infringement of this Regulation shall render the Player concerned and any Club, Official or other Player who enters into communication or negotiation shall be guilty of misconduct. 73.6 Notwithstanding the provisions of Regulation 73.5, after the third Saturday in May in any year (or as determined by Regulations 65) and before the 1st July next following, a Contract Player to whom Regulation 73.2 applies or any person on his behalf may make such an approach to a Club (or club) with a view to negotiating a contract with such Club (or club).