MONITORING PROCEEDING Sample Clauses

MONITORING PROCEEDING. In case of overdue payables, the Management Control Commission (MCC) will initiate monitoring proceedings against a club either: • at the request of a player  in case a player’s remuneration has been overdue for more than 15 days, or,  because the Club failed to pay the player’s total gross remuneration by 15th July; or • automatically, if the club’s quarterly remuneration payment confirmations to be sent to the MCC (on 15 October, 15 January, 15 April, and 15 July) reveal that player’s remuneration has been overdue for more than 15 days or if a club fails to report its quarterly remuneration payment confirmations at the abovementioned dates. The MCC will initiate a period of up to 30 days (non-extendable deadline) depending on the time elapsed since the remuneration became overdue to monitor the claim for overdue payables. Cases in which club’s quarterly remuneration payment confirmations show that a remuneration payment has been overdue for at least 45 days or cases in which remuneration payments become overdue for 45 days during the MCC monitoring will be referred to the Finance Panel with undue delay. For 30-day contracts and training agreements, each of the aforementioned deadlines will be reduced to 10 days. If a player reports an overdue payable after 20 July, the monitoring process will start not earlier than 15 September. The monitoring proceeding by the MCC will stop automatically from the moment that an open dispute has been filed to any competent body to deal with the club-player contract. If the MCC considers that this claim or contestation has been brought or these proceedings have been opened for the sole purpose of avoiding the deadlines set out in these regulations (i.e. in order to buy time) and/or that this claim or contestation is unfounded, the relevant amount will still be considered as an overdue payable.