UCI CYCLING REGULATIONS  upon at the latest as of 1$^{st}$ April of the registration year, including for the sums due in  January, February and March.  (text modified on 20.10.05; 18.06.07; 3.06.16; 12.01.17).  Failing this the UCI is not obliged to call up the guarantee.  (text modified on 18.06.07).  (text modified on 1.01.15).  (text modified on 1.07.10; 1.01.15).  The funds shall be released should the creditor fail to take proceedings within one month  of the despatch of notice by the UCI. The creditor then has fifteen days to provide the  UCI with proof that he has commenced proceedings. If the body before which the creditor  has commenced proceedings declares that it is not competent, the creditor must take  fresh proceedings within one month of learning of this decision. Should this not be the  case the paying agent may call on the UCI to release the funds in his favour. The funds  shall be released should the creditor fail to take further proceedings within one month of  the despatch of notice by the UCI. The creditor then has fifteen days to provide the UCI  with proof that he has recommenced proceedings.  2.15.106 If the creditor has not introduced his claim against the paying agent before the body  designated in his contract or the body which he regards as competent on some other  basis during the three months following the date of his call on the guarantee, the paying  agent may apply to the UCI to have the blocked funds released in his favour.  2.15.105 The actual payment to the creditor shall not take place until one month after the  implementation of the guarantee. If, in the interim, the UCI WorldTeam raises a written  objection to the payment of the money to the creditor, the UCI shall pay the disputed  sum into a special account and shall subsequently distribute it in accordance with any  agreement reached between the parties or according to an enforceable judicial or arbitral  decision.  2.15.104 For any call on the bank guarantee, the UCI shall draw, in addition to the amount claimed  by the creditor, the sum of CHF 500 as costs. This sum is drawn for each creditor  claiming the bank guarantee, until a maximum of CHF 15,000 per bank guarantee. In  case of payment by the UCI of a seized amount from a bank guarantee, all bank fees  are exclusively at the expense of the beneficiary.  2.15.103 The UCI will call up the bank guarantee in favour of the creditor mentioned in article  2.15.095 unless the claim is manifestly unfounded. The UCI WorldTeam will be informed  of the creditor's request and of the call on the guarantee.  (text modified on 1.07.09).  2.15.102 The creditor must introduce his application to the UCI for the guarantee to be called up  by 1 March of the year following the date on which his claim falls due. Documentary  evidence must be provided with the application.  Calling up the guarantee  E170421  ROAD RACES  212 