All Local Clubs are advised of the guideline below in regards to the State Talent Development Fee Distribution. By clicking on the attachment below you can also download the guidelines.
In reference to clause 8.2, AFL Victoria (AFLV) Membership Agreement, AFL Victoria details the following information relevant to the distribution of AFL State Talent Development Fee funding within Victoria:
1. REGISTERED CLUB ENTITLEMENTS
Clubs must be affiliated via an AFLV Member to be entitled to receive a one off payment of AFLV State Talent Development Fees. Registered Club entitlements are as follows:
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DRAFT $3,000
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ROOKIE $1,000
If a player is delisted and re drafted, he does not generate another State Talent Development Fee. A payment of $3,000 is the maximum a player can generate.
2. DISTRIBUTION TO LOCAL CLUBS
AFLV Victoria will make pro-rata payments to the players related club(s) based on his registration during the 3 years prior to the first drafting by an AFL club. The player must play a minimum of 5 matches in any one year for a Club to qualify for a one-third proportion of a Transfer Fee.
The TAC Cup Clubs do not receive any pro-rata AFLV State Talent Transfer Fees. Games played in the TAC Cup are credited to the Club at which the player was previously registered except where a player transfers to another club; he must play 5 matches per season with that Club to become eligible to receive AFLV State Talent Transfer Fees.
3. PRINCIPLES OF AFL STATE TALENT DEVELOPMENT FEES
AFLV is accountable for use of AFL State Talent Development Fees funding.
AFLV Victoria will review its policy for the distribution of AFL State Talent Development Fee entitlements at least on an Annual basis.
4. GST
It is the obligation of the registered club to provide the appropriate tax invoice for GST purposes upon request from AFLV. Clubs must provide the tax invoice by no later than 30th September in the year of AFLV request. Clubs who fail to meet this deadline will forfeit the payment.
PLEASE NOTE:
Clubs who are eligible for payment will be notified by AFL Victoria after the NAB AFL Preseason & Rookie Drafts in December.
Last Modified on 18/11/2010 15:41