Where does the Ali Act specifically state a fighters adviser or manager can't control revenue from a fight that one of his fighters participates in?
SEC. 5. CONFLICT OF INTEREST.
Section 17 of the Professional Boxing Safety Act of 1996 (15 U.S.C. 6308) (as redesignated by section 4 of this Act) is amended–
(1) in the first sentence by striking `No member’ and inserting `(a) REGULATORY PERSONNEL- No member’; and
(2) by adding at the end the following:
`(b) FIREWALL BETWEEN PROMOTERS AND MANAGERS-
`(1) IN GENERAL- It is unlawful for–
`(A) a promoter to have a direct or indirect financial interest in the management of a boxer; or
`(B) a manager–
`(i) to have a direct or indirect financial interest in the promotion of a boxer; or
`(ii) to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.
(2) EXCEPTIONS- Paragraph (1)–
`(A) does not prohibit a boxer from acting as his own promoter or manager; and
`(B) only applies to boxers participating in a boxing match of 10 rounds or more.
Section 17 of the Professional Boxing Safety Act of 1996 (15 U.S.C. 6308) (as redesignated by section 4 of this Act) is amended–
(1) in the first sentence by striking `No member’ and inserting `(a) REGULATORY PERSONNEL- No member’; and
(2) by adding at the end the following:
`(b) FIREWALL BETWEEN PROMOTERS AND MANAGERS-
`(1) IN GENERAL- It is unlawful for–
`(A) a promoter to have a direct or indirect financial interest in the management of a boxer; or
`(B) a manager–
`(i) to have a direct or indirect financial interest in the promotion of a boxer; or
`(ii) to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.
(2) EXCEPTIONS- Paragraph (1)–
`(A) does not prohibit a boxer from acting as his own promoter or manager; and
`(B) only applies to boxers participating in a boxing match of 10 rounds or more.
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