Federal Register of Legislation - Australian Government

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SLI 2011 No. 267 Regulations as made
These Regulations clarify and streamline the operation of the Resale Royalty Right for Visual Artists Act 2009.
Administered by: Communications and the Arts
Registered 12 Dec 2011
Tabling HistoryDate
Tabled HR07-Feb-2012
Tabled Senate07-Feb-2012
Table of contents.

Commonwealth Coat of Arms

Resale Royalty Right for Visual Artists Regulations 20111

Select Legislative Instrument 2011 No. 267

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Resale Royalty Right for Visual Artists Act 2009.

Dated 7 December 2011

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

SIMON CREAN


Contents

                        1      Name of Regulations                                                       2

                        2      Commencement                                                              2

                        3      Definition                                                                        2

                        4      Excluded class of transfer                                               2

                        5      Format of notice of commercial resale                             2

                        6      Notice of commercial resale                                            3

 

 


1              Name of Regulations

                These Regulations are the Resale Royalty Right for Visual Artists Regulations 2011.

2              Commencement

                These Regulations commence on the day after they are registered.

3              Definition

Act means the Resale Royalty Right for Visual Artists Act 2009.

4              Excluded class of transfer

                For paragraph 8 (1) (c) of the Act, the table sets out excluded classes of transfer of ownership of an artwork from one person to another.

Item

Excluded class

1

A transfer:

   (a)  for monetary consideration of less than $1 000; and

  (b)  to which subsection 8 (2) of the Act does not apply

5              Format of notice of commercial resale

                For section 28 of the Act, the Minister may, by legislative instrument, determine a format of notice of commercial resale.

6              Notice of commercial resale

         (1)   For paragraph 28 (2) (c) of the Act, the following information is taken to be sufficient detail in a notice of commercial resale:

                (a)    the date of resale;

               (b)    the GST inclusive sale price;

                (c)    whether the seller acquired the artwork on or after the commencement date of the resale royalty right arrangements to which the Act relates;

               (d)    the medium of the artwork or a description of the artwork;

                (e)    the artist’s name;

                (f)    the country of which the artist is a citizen or permanent resident;

               (g)    whether the artist is alive;

               (h)    if the artist has died — the year of the artist’s death.

Note for paragraph (c)   The commencement date of the resale royalty right arrangements is 9 June 2010.

         (2)   Subregulation (1) does not prevent other combinations of information from being sufficient detail in a notice of commercial resale.


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.