Regulation 13 Liability to pay resale royaltyI1

United Kingdom

(1)

The following shall be jointly and severally liable to pay the resale royalty due in respect of a sale—

(a)

the seller; and

(b)

the relevant person (within the meaning of paragraph (2)).

(2)

The relevant person is a person who satisfies the condition mentioned in regulation 12(3)(a) and who is—

(a)

the agent of the seller; or

(b)

where there is no such agent, the agent of the buyer; or

(c)

where there are no such agents, the buyer.

(3)

Liability shall arise on the completion of the sale; however, a person who is liable may withhold payment until evidence of entitlement to be paid the royalty is produced.

(4)

Any liability to pay resale royalty in respect of a resale right which belongs to two or more persons as owners in common is discharged by a payment of the total amount of royalty to one of those persons.

Annotations

Commencement

I1: Reg. 13 in force at 14.2.2006 in accordance with reg. 1(1)