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 February 28: 20% of the total amount will be kept.

For cancellation from March 1 to April 30: 40% of the total amount will be kept.

For cancellation from May 1 to May 31: 80% of the total amount will be kept.

For cancellation from June 1 to July 09: 100% of the total amount will be kept.

For all the other Teams

For cancellation until February 28 there is no penalty.

For cancellation from March 1 to April 30: 40% of the total amount will be kept.

For cancellation from May 1 to May 31: 80% of the total amount will be kept.

For cancellation from June 1 to July 09: 100% of the total amount will be kept.