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# Resource: Policies V2
# Type: Policy Object
# Link: https://dev.wix.com/docs/api-reference/business-solutions/events/event-management/policies-v2/policy-object.md
## Description: A Policy is a set of terms and conditions attached to a specific event and shown during RSVP or checkout.
You can use Policies to communicate refund, cancellation, and ticket-transfer rules by defining a policy name and body that attendees acknowledge.
## Schema:
```json
Type: Policy Object | type: Policy
Description: A Policy is a set of terms and conditions attached to a specific event and shown during RSVP or checkout.
You can use Policies to communicate refund, cancellation, and ticket-transfer rules by defining a policy name and body that attendees acknowledge.
- name: id | type: string | description: Policy ID.
- name: value | type: string | description:
- name: revision | type: string | description: Revision number, which increments by 1 each time the policy is updated. To prevent conflicting changes, the current revision must be used when updating a policy.
- name: value | type: string | description:
- name: createdDate | type: string | description: Date and time the policy was created in `yyyy-mm-ddThh:mm:sssZ` format.
- name: seconds | type: string | description:
- name: nanos | type: number | description:
- name: updatedDate | type: string | description: Date and time the policy was updated in `yyyy-mm-ddThh:mm:sssZ` format.
- name: name | type: string | description: Policy name that is visible in the dashboard and checkout form. Min: 1 character
Max: 40 characters
- name: body | type: string | description: Policy body. Usually contains various terms and conditions. Min: 1 character Max: 50,000 characters Note: You can format text using various HTML tags such as `
`, ``, ``, etc.
- name: eventId | type: string | description: ID of the event to which the policy belongs.
```