The WBC approved the Chavez-Martinez bout if both fighters win their respective bouts.
The World Boxing Council unanimously approved that the WBC middleweight champion of the world, Julio Cesar Chavez, Jr., should defend mandatorily against Sergio Martinez, but leaving open an opportunity for both parties to agree as both had TV dates already reserved, Chavez on February 4th and Martinez on March 17th.
As no news of any agreement was received at the WBC offices, and per virtue of February 4th being a month away and March 17th about two months away, the Board of Governors of the WBC has ruled to accept both engagements according to the rules, but with the indication that the winner and WBC champion after the 4th of February must defend mandatorily against Martinez, if he wins over Mathew Macklin, classified in the past convention by request of Mr. Lou DiBella.
The WBC offices will be waiting the requests in writing to approve the bouts.
The rule 2.1 says:
2.1 WBC Approval of WBC Championship and Elimination Bouts. All promoters must request in writing the approval by the WBC of any WBC-sanctioned championship, elimination, or qualifying bouts. No bout shall be considered as officially sanctioned by the WBC unless the promoter has received the written approval of the WBC Presidency, and complies fully with all terms and conditions of the sanction, including payment of all required fees, and compliance with these Rules and Regulations.