# Income Tax (Trading and Other Income) Act 2005, Section 253: Lump sums paid to personal representatives for copyright etc.


(1) A lump sum which is paid to the personal representatives of the author of a literary, dramatic, musical or artistic work as consideration for the assignment by them of—
(a) the copyright in the work, or
(b) the public lending right in the work,
is not a post-cessation receipt.
(2) A lump sum which is paid to the personal representatives of the designer of a design in which design right subsists as consideration for the assignment by them of that right is not a post-cessation receipt.
(3) For the purposes of this section it does not matter whether the whole or a part of the right is assigned.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/253 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-253
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.