Issue link: http://itf.uberflip.com/i/245029
(iii) result in that Nation forfeiting choice of ground on the first occasion to which it is entitled to choice in the following competition and/or; (iv) render that Nation liable to have their entry refused for future competitions until assurances of compliance with the requirements are given. 16. DELAYS AND DEFAULTS IN PAYMENTS AND SUBMISSION OF REPORTS (a) Default in Payments Any defaults in payments by a Nation, either to the ITF or to its opponents shall render that Nation liable to have its entry refused for any future Competitions until the payment shall have been made in full, and subject to a fine of not more than 10% of the amount outstanding for each month of delay. In the case of outstanding payments to the ITF the fine shall be paid to the ITF. In the case of outstanding payments to an opposing Nation, the fine shall be paid to that Nation. A Nation with an outstanding claim on another Nation shall render a report to the Fed Cup Committee within four calendar months of the conclusion of the Tie concerned giving particulars of the amounts due to them. (b) Delay in Payment of a Fine Any Nation defaulting in payments of a fine for a period exceeding three months shall not be allowed to participate in the Competition until all such fines are paid in full, unless otherwise decided by the Fed Cup Committee and/or Board of Directors. 17. APPEAL AND ARBITRATION Any appeal against the decision or interpretation of the Fed Cup Committee shall be referred to the Board of Directors whose decision shall be final and binding on all parties. Any appeal shall be in writing and shall be received by the ITF not later than one month after the decision has been received by the appellant. The Board of Directors shall conduct any appeal in whatever manner they deem to be appropriate. Any difference or dispute arising from matters that under the foregoing Regulations are to be determined by mutual agreement shall, in the event of failure thus to agree, be referred for arbitration to the Board of Directors, whose decision shall be final and binding on all parties. IV. DIVISION OF COMPETITION 18. WORLD GROUP (a) Participation The leading eight (8) Nations shall participate in the World Group. They shall be selected as follows: The four (4) Nations who won their First Round match in the previous year's World Group and the four (4) Nations who won their World Group Play-off the previous year. 7