Maximum administrative penalty for ticket businesses doubled from $10,000 to $25,000

Plain-language summary · AI-assisted · not legal advice

A previously pending amendment to the Ticket Sales Act has now come into force, raising the maximum administrative penalty that can be imposed on a ticket business from $10,000 to $25,000. This change applies to ticket businesses found to have contravened prescribed provisions of the Act or its regulations. The penalty operates on an absolute liability basis, meaning it applies even if the business took reasonable steps to prevent the violation or acted on a mistaken but honest belief. Ticket businesses should review their compliance practices and internal controls to reduce the risk of violations, given the higher financial exposure now in effect.

Who this affects: ticket businesses · ticket resellers · event ticket platforms · compliance officers at ticketing companies