Singapore legislation
Regulation 34
of Copyright (Collective Management Organisations) Regulations 2023
Regulation 34
CMO must keep financial records
Subregulation 1
A CMO must keep proper financial records, which must include records of —
(a)
the tariffs received by the CMO;
(b)
the deductions the CMO made from those tariffs; and
(c)
the distributions from those tariffs, including —
(i)
the members who received distributions; and (ii)the information that the distribution policy requires the CMO to give a member when making a distribution.
Subregulation 2
A CMO must keep the financial records for a financial year for 6 years after the end of that financial year.