13.        Financial Contributions

13.1     Financial Contributions - In keeping with the resolution to that effect passed by the members of the organization at its Convention in 1982, each steelband which participates in the competition shall remit to the organization a financial contribution in a sum equivalent to ten percent (10%) of the earnings of the steelband from Prize Monies, Appearance Fees and Assistance Fees received in connection with the competition.

13.2     Deduction from Gross Earnings – For the purposes of convenience in remitting payment of the financial contribution mentioned in clause 13.1 hereof, the organization shall deduct the respective sum from the gross earnings of each steelband prior to paying over the net earnings to the said steelband.

13.3     Quantum of Prize Monies – The quantum of Prize Monies, Appearance Fees and Assistance Fees is and shall always be contingent upon the sums received by the organization from the allocation from the Ministry of Culture and Tourism through the National Carnival Commission.

Rules and regulations as posted by Pan Trinbago the governing steel organization of T&T