1st January 2011 |
SIs
These Regulations extend the artist’s resale right to those to whom a resale right is transmitted (or deemed to be transmitted) after the death of the author of an original work of art.
The right is extended for a period of 70 years after the death, in respect of sales whose contract date is on or after the 1 January 2012.
The artist’s resale right allows the creators of original works of visual and plastic art, through a system of royalty payments, to benefit from resales of those works when they are sold through the professional art market.
Published by
Innovation and Investment
Topics:
Intellectual Property