I APPLICATION TO THE IBSRC

1. Meet organizer must apply to the IBSRC Competition Committee for certification as an IBSRC sanctioned competition. The application process is required for each contest.
2. The Competition Committee will take into consideration:
    a. The current application.
   b. Past performance of the Meet Organizer.
3. Upon acceptance by the Competition Committee, the Contest must be approved by a majority of the Executive Committee of the IBSRC.

II LOCALITY

1. Must contain at least two or more species in relative abundance during the proposed contest dates.
2. Boundaries must be accessible by the slowest boat.
3. Must provide for boats for charter boats, fuel, food and good accommodations available to all contestants.
4. Contestants may not travel by land unless equal access to ground transportation is provided to all contestants.
5. Every effort must be taken by the contest organizer to equal costs of competition so as not to favor more wealthy competitors.
6. In order to equalize any differences in boats, contestants shall be assigned boats by lottery on each contest day.

III DURATION OF CONTEST

1. The duration should be of 4 days minimum, 5 days maximum.
2. Twelve hour days or most of daylight hours of fishing are preferred (safety permitting) to allow competitors to venture off the continental shelf to source the biggest and best pelagic action.

IV SPECIES LIST

1. The following species are acceptable for inclusion in the competition:
Families: Scombridae (tunas and mackerels); Carangidae (jacks, trevallies, etc); Coryphaenidae(dolphin-fish); Rachycentridae (cobia); Pomatomidae (bluefish, elf or tailor); Istiophoridae (marlin, sailfish and spearfish); Xiphiidae (swordfish); Sphyraenidae (barracudas) and Aprion virescens (kaalkap, jobfish).
2. The minimum weight for each species is preferably 5kg, but is at the discretion of the contest organizer. Certain species may be 3 kilograms, but in no event will fish be weighed below 3 kilograms.
3. Any location proposed must contain at least two or more pelagic species in relative abundance at the time of year of the proposed meet.
4. Species proposed should be abundant in less than 20 meters of water. 5. All fish caught during the hours of the competition become the property of the organizer, for sale by auction or for donation. The proceeds are to be shared jointly between local charities and the organizing/assisting, club/sponsoring body.
6. Each species should be examined at the venue of the competition so that it's characteristics match the above criteria.
7.A species list must be submitted to the IBSRC Competition Committee for consideration.

V CONTESTANT ELIGIBILITY

1. Minimum age of 18 years.
2. Entrants must apply with a written description of their experience to the organizer.
3. the maximum number of contestants, if any, is to be decided by the organizer.
4. There must be allowance for a minimum of 10 different countries to compete.
5. The winners of the previous years event are automatically qualify for entry in the following years event.
6. No sex discrimination must be shown in eligibility for applications. 

VI ENTRY COSTS/USE OF FUNDS

1. Determined by the organizer.
2. Organizer to be in charge of all deposits required for bookings, advance payments, as well as promotional sales of shirts, etc. Financial losses in such a situation must be covered by the organizer in the plan of management due to weather, unforeseen cancellation, etc. At least one meal is to be included in the entry fee - a presentation dinner for prize giving.
3. Cost of public liability insurance's needed, if any, to be born by the organizer.
4. The reimbursement of expenses (phone, Faxes, publicity, printing, emails, postage, fuel etc) for the organizer need to be covered by the entry fees. This budget should be the responsibility of the organizer.
5. The organizer is free to solicit corporate/private sponsorship for the benefit of the Contest.
6. Refunds for any excuse after entries close, are given only at the discretion of the organizer, whether in full or part.

VII SCORING SYSTEM

1. Scores will be tabulated at the rate of 1 points per kilo/pound weight dependent on the system of measurement in the host country. No bonus points.
2. No maximum weight.
3. In the event of a tied place, the competitor with the largest fish breaks the tied place.
4. Fish must be weighed in each day at a place designated by the organizer, with scales certified accurate by the national/local authority.
5. A maximum of 3 fish per contestant is allowed to be recorded over the duration of the meet. Once a competitor has weighed in a species, he cannot weigh in another of that species (no upgrading).

VIII RULES OF CAPTURE

1. All IBSRC rules of capture must be advertised, endorsed and recognized as the dominant guidelines for entrants. Local or national rules then come into force regarding flags, etc.
2. It is the duty of the contest organizer to identify and reconcile any differences between IBSRC rules and local rules and regulations. This is part of the application process to the IBSRC.

IX LIABILITY

1. The event organizer needs to satisfy the IBSRC committee that the IBSRC and it's members could not be held liable if something untoward happened to anyone during the course of an IBSRC-sanctioned event. The inclusion of an IBSRC supplied waiver in the entry form is compulsory. Also the fact that refunds are at the discretion of the organizer.
2. Contestants must sign a disclaimer endorsed by the IBSRC Director absolving the IBSRC of any responsibility for the competition.
3. No financial connection between the organizer or contestants and the IBSRC should be implied or inferred.

X PRIZES

1.It is the responsibility of the organizer to provide a set of trophies for the competition. These need to include a perpetual trophy for Champion and a replica for the Champion.
2. Other prizes, trophies and participation gifts are at the discretion of the contest organizer who shall list them in his application for IBSRC sanction.

XI DESIGNATION OF EVENTS

1. The IBSRC can designate an unlimited number of IBSRC-certified events in one year.
2. The designation of "IBSRC World Cup for Blue Water Spearfishing" shall be made once each year.
3. Initially, the IBSRC shall rotate "World Cup"status among 3 established contests
4. The World Cup designation, except for the first event, shall be decided by the competition committee more than 12 months in advance of the contest. 

XII CANCELLATION OF THE COMPETITION

1. Unsuitable weather is the only reason for cancellation of a designated contest day.
2. In the event of an the entire cancellation of the contest due to weather, all monies paced in for entries would be held in trust until all expenses are paid out (telephone/fax calls, email, stationary, postage, fuel costs, etc) after the close of the competition. The balance will be returned to individual contestants. This policy must be noted on the contestant application.
3. In the event of bad weather, a contest will be considered valid if competitors may dive, interrupted, for a period in excess of 5 hours.

XIII THE DUTIES OF THE CONTEST ORGANIZER

1. The organizer has the power to oversee all aspects of the meet, once IBSRC approval has been given.
2. The organizer oversees all aspects of the creation/running the contest to the satisfaction of the IBSRC Competition Committee.
3. Any profits realized from the Competition belongs to the Contest organizer.
4. Within 3 months following the competition, a full accounting of all monies spent and received in connection with the contest must be submitted to the IBSRC Executive Committee for their confidential records.
5. The contest will include a schedule of entry fees as part of his application to the Competition Committee.
6. The contest organizer may ask for a minimum of $US100.00 for contestant application.