; (II) the child performer has no access to the funds in the account until the child performer reaches the age of 18; and (III) the parents or legal guardians of the child performer shall have no access to the trust account except in circumstances of financial hardship stipulated in the agreement with the financial institution providing the trust account, which stipulations shall be in accordance with regulations issued by the Secretary. (iii) An employer or contractor may not provide compensation to any child performer in any other form other than cash wages, exclusive of board, lodging, or facilities. (B) Employment or contracting of a child performer that is not in accordance with limitations and requirements of clauses (i) through (iii) of subparagraph (A) shall be treated as oppressive child labor for purposes of section 12. (C) The work hour restrictions set forth in clause (i) of subparagraph (A) shall not apply to child performers employed in a live theatrical production, including theater, opera, and dance. . (b) Conforming amendments Section 3 of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 203 ) is amended— (1) in subsection (l), by adding at the end the following: For purposes of this subsection only, the term employer includes any person who contracts with a child performer who is an independent contractor, the term employee includes a child performer who is an independent contractor, and the term employment includes an independent contract between any person and a child performer.