2.15.068 Without prejudice to the consequences provided for shortcomings observed during the quater licence application or registration process, non-compliance with the organisational specifications observed in the context of random audits, or otherwise brought to the attention of the UCI, may be sanctioned by a fine of between CHF 1’000 and CHF 50’000 payable by the UCI WorldTeam. 

In case the information or documentation submitted by the UCI WorldTeam during the licence application or registration process, or otherwise, is found to be incorrect (in light of facts at the time) and the actual circumstances were not compliant with the organisational specification(s) concerned, a fine of CHF 20’000 to CHF 100’000 may be imposed on the UCI WorldTeam. 

In case of reoccurrence of an infringement, the fine imposed may be increased up to double of the amounts stated above and a suspension of up to 1 month may be imposed on the licence-holder(s) responsible for such infringement and/or the UCI WorldTeam. 

(article introduced on 1.07.17) 

## Common provisions to the financial audit and organisational audit 

2.15.069 The paying agent or, where applicable, the licence applicant must provide to the auditor and the organisational auditor all the documents and information required for the audits no later than 1$^{st}$ October preceding the registration year. 

In the event of delay the registration fee will automatically be increased by CHF 1,000 per day. This increase shall not be cumulative with that applied under article 2.15.067 where they apply to the same period. The audit concerned will be postponed until the documentation is in order. The risk that the audit may not be completed in good time is the responsibility of the UCI WorldTeam or, where applicable, of the licence applicant. 

(text modified on 20.10.05; 15.11.08; 1.07.10; 1.01.15; 12.01.17). 

2.15.069 After the deadline of 1$^{st}$ October, the auditor and the organisational auditor shall each bis forward to the UCI their opinion on the registration documentation submitted by the UCI WorldTeam or by the applicant for a licence. The opinion shall indicate whether the file contains the documents necessary for the examination of the financial audit and the organisational audit as well as in particular the following essential documents: the sponsorship contracts duly signed with the main partners, the bank guarantee and, for the new teams only, a description of the structure of the team together with a copy of the deed of incorporation of the paying agent. 

The opinions do not constitute a validation of the conformity of said documents with the requirements of the applicable laws and regulations. 

The UCI WorldTeam or the licence applicant shall receive a copy of the opinion of the auditor and the opinion of the organisational auditor. 

Thereafter, the UCI shall publish a list of the UCI WorldTeams or licence applicants which have submitted a registration file containing all the essential documents on its web site. 

Note: a failure to submit all the documents required will give the riders the right to terminate their contracts as provided for under article 8.1.f of the model contract under article 2.15.139. 

