1.  Except as otherwise provided in subsection 2, a licensee that provides payroll processing services shall:

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(a) Issue to a client a report detailing the payroll obligations for the client before the money or monetary value for payroll is deducted from an account; and

(b) Make available to each worker a paystub or an equivalent statement.

2.  The provisions of subsection 1 do not apply to a licensee providing payroll processing services if the client of the licensee designates the intended recipients to the licensee and is responsible for providing the disclosures required by paragraph (b) of subsection 1.