The Presidential Board confirms its intention to reduce a number of applicable fees and in development of decisions approved at the Q3 meeting (decision No. Q2PB-2019/11) hereby resolves as follows:
1. To confirm its decision to suggest a major fee reduction to the General Assembly, including:
a) waiving all fees for the developing countries (levels 4-5);
b) 50% reduction for level 3 countries;
c) waiving all veteran fees;
d) a quota for additional 30% tournaments to be rated for free (countries level 1-2);
e) 40% reduction on youth competitions fees.
2. To assign the FIDE Treasurer Ms. Zhu Chen to draft changes to the Financial regulations no later than on 31.10.2019 for their further approval.