The penalties for cancellation are as follows:
For the “Early Booking” Teams
For cancellation until December 31 there is no penalty.
For cancellation from January 1 to March 31: 20% of the total amount will be kept.
For cancellation from April 1 to May 31: 60% of the total amount will be kept.
For cancellation from June 1 to day before event starting: 100% of the total amount will be kept.
For all the other Teams
For cancellation until January 30 there is no penalty.
For cancellation from February 1 to March 31: 20% of the total amount will be kept.
For cancellation from April 1 to May 31: 60% of the total amount will be kept.
For cancellation from June 1 to day before event starting: 100% of the total amount will be kept.