; (8) takes effect after the date on which the student athlete enrolls in an institution of higher education and begins participation in intercollegiate athletics; and (9) is consistent with this Act. (b) Duration A student athlete may only enter into a name, image, or likeness contract if— (1) the student athlete is enrolled at an institution of higher education during an academic term for which classes have begun; and (2) the duration of the contract does not extend beyond the period during which the student athlete is enrolled at an institution of higher education. (c) Student athlete participation in intercollegiate athletics (1) In general Except as provided in paragraph (2), the National Collegiate Athletic Association or an institution of higher education may not prohibit a student athlete from participating in intercollegiate athletics based on the student athlete having entered into a name, image, or likeness contract. (2) Limitations on name, image, or likeness contracts (A) Contracts with certain persons and entities Notwithstanding paragraph (1), the National Collegiate Athletic Association or an institution of higher education may prohibit a student athlete who is enrolled at the institution from participating in intercollegiate athletics if the student athlete has entered into a name, image, or likeness contract with any person or entity related to or associated with the development, promotion, production, distribution, wholesaling, or retailing of— (i) adult entertainment, sexually suggestive products, or sex-oriented products, services, conduct, imagery, or inferences; (ii) alcohol products; (iii) a casino or gambling, including sports betting and betting in connection with a video game or online game, or on a mobile device; (iv) tobacco, marijuana, or electronic smoking products and devices; (v) pharmaceuticals; (vi) any dangerous or controlled substance; (vii) drug paraphernalia; (viii) weapons, including firearms and ammunition