Regulation 3(3)
SCHEDULE 1U.K.CALCULATION OF RESALE ROYALTY
1. The resale royalty payable on the sale of a work shall be the sum of the following amounts, being percentage amounts of consecutive portions of the sale price—U.K.
Textual Amendments
F1Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(i) (with reg. 4)
F2Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(ii) (with reg. 4)
F3Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(iii) (with reg. 4)
F4Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(iv) (with reg. 4)
F5Sum in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(v) (with reg. 4)
Commencement Information
I1Sch. 1 para. 1 in force at 14.2.2006 in accordance with reg. 1(1)
2. However, the total amount of royalty payable on the sale shall not in any event exceed [F6£12,500].U.K.
Textual Amendments
F6Sum in Sch. 1 para. 2 substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(b) (with reg. 4)
Commencement Information
I2Sch. 1 para. 2 in force at 14.2.2006 in accordance with reg. 1(1)