Leader wimps out on something within their grade. Second leaves gear behind. Second abseils down and retrieves it AND buys the leader a pint. Second gets a piece of the gear well and truly welded into the crack. Second buys leader new piece of gear if all attempts at retrieval fail AND a pint.
Leader buys owner new piece of gear if all attempts at retrieval fail AND a pint.
In all seriousness, if a huge fall is taken a new piece of gear should be purchased for the owner. Two Pint Challenge. When the beer leaves the jug all rules apply again. This rule is basically a punishment for being such a brainless fool as to allow someone to buy you a pint without having finished the first one. These rules are enforced, but not as strictly as the Annual Dinner rules, usually due to the other club members forgetting them.