OpenLegislation

Paragraph 1 I1

United Kingdom

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—

Portion of the sale pricePercentage amount
From F1£0 to £50,000 4%
From F2£50,000.01 to £200,000 3%
From F3£200,000.01 to £350,000 1%
From F4£350,000.01 to £500,000 0.5%
Exceeding F5£500,0000.25%

Annotations

Textual amendments

F1

Words 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)

F2

Words 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)

F3

Words 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)

F4

Words 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)

F5

Sum 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

I1

Sch. 1 para. 1 in force at 14.2.2006 in accordance with reg. 1(1)