In July each pre-season every Premiership Rugby Club will provide the Salary Cap Manager for the new Season. This information is presented to the Board of Premiership Rugby. In September each season every Premiership Rugby Club provides the Salary Cap Manager with Certification setting out their spend during the previous Salary Cap Year. Both of these documents are approved by a Club’s Board and signed off by the Chairman, Chief Executive and Finance Director. The independent auditors (PWC) (during October and November) audit each Club in accordance with the Salary Cap Regulations. The audit results are presented to the Board of Premiership Rugby and shared with each Club.
Also exempt from waivers to demote a player are players who are recalled from the AHL or a CHL team on an emergency basis. These players must be returned to their AHL or CHL team once the injured player returns, or converted to a regular recall, which can then subject the player to waivers if the service time in the table above is met. Starting with the 2013 collective bargaining agreement, for a player on emergency recall from the AHL, playing 10 or more NHL games while on emergency recall automatically converted the recall to a regular recall.