5A   Records to be kept by entertainment industry agents and managers

(1)  An entertainment industry agent or manager must keep the following records at the agent’s or manager’s principal place of business for at least 5 years after the record is made:

(a)  each accounting record the agent or manager is required to keep under section 39 of the Act in respect of money received on behalf of a performer,

(b)  a copy of each financial statement provided by the agent or manager under clause 5, and

(c)  a copy of each written agreement the agent or manager has entered into with a performer or with another person on behalf of the performer.

(2)  An entertainment industry agent or manager who holds any record referred to in subclause (1) (b) or (c) in relation to a performer must, within 3 business days of receiving a request by or on behalf of the performer for a copy of the record:

(a)  make the copy available for collection at the agent’s or manager’s principal place of business if requested to do so, or

(b)  send the copy (whether by post or otherwise) to the performer in any other case.

(3)  A person who contravenes this clause is guilty of an offence.

Maximum penalty: 10 penalty units.

Note. There is a maximum penalty of 50 penalty units for failing to keep the accounting records referred to in subclause (1) (a), in accordance with section 39 of the Act and that subclause.