INTERNET LAW - THE ARTIST'S RESALE RIGHT REGULATIONS 2006 (UK)


	INTERNET LAW - THE ARTIST'S RESALE RIGHT REGULATIONS 2006 (UK)

shankargallery

9-6-2007 11:51 AM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/af83fae7-c1d8-488d-8b35-222a89366d3c/6F872363-4D54-4AE8-B0CB-7C4C90D727A9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ibls.com/internet_law_news_portal_view.aspx?s=articles&id=BE2716EC-9A79-4622-9412-53AF1D99B79C" href="http://www.ibls.com/internet_law_news_portal_view.aspx?s=articles&id=BE2716EC-9A79-4622-9412-53AF1D99B79C" style="font-size: 11px;">www.ibls.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibls.com/internet_law_news_portal_view.aspx?s=articles&id=BE2716EC-9A79-4622-9412-53AF1D99B79C"><FONT size="6" face="Arial, Helvetica, sans-serif" color="#993300">IBLS INTERNET LAW - NEWS PORTAL</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibls.com/internet_law_news_portal_view.aspx?s=articles&id=BE2716EC-9A79-4622-9412-53AF1D99B79C"><table background="undefined" bgcolor=""><tr><TD valign="top"><FONT size="4" face="Arial, Helvetica, sans-serif" color="#993300">INTERNET LAW - THE ARTIST'S RESALE RIGHT REGULATIONS 2006 (UK)</FONT></TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibls.com/internet_law_news_portal_view.aspx?s=articles&id=BE2716EC-9A79-4622-9412-53AF1D99B79C"><FONT size="2" face="Arial, Helvetica, sans-serif" color="#000000">The Regulations grant artists the right to receive a royalty on any resale of his or her work after the first transfer by the artist of ownership (which does not necessarily have to be the first sale; the initial transfer may be a gift). This right applies to works that are protected by copyright, and lasts for the same length of time as copyright protection (i.e., the lifetime of the artist plus 70 years after the end of the year of the artist's death). The amount of the royalty that is payable is a percentage of the sale price, which is calculated as follows: 4% on the first €50,000 and 3% on the remaining amount, up to a cap of €12,500.</FONT></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6F872363-4D54-4AE8-B0CB-7C4C90D727A9/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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