Employees employed under section 7(f) “Belo” contracts.

§ 516.24 Employees employed under section 7(f) “Belo” contracts. With respect to each employee to whom both sections 6 and 7(f) of the Act apply, the employer shall maintain and preserve payroll or other records containing all the information and data required by § 516.2(a) except paragraphs (a) (8) and (9), and, in addition, the following: (a) Total weekly guaranteed earnings, (b) Total weekly compensation in excess of weekly guaranty, (c) A copy of the bona fide individual contract or the agreement made as a result of collective bargaining by representatives of employees, or where such contract or agreement is not in writing, a written memorandum summarizing its terms.