Resale Right for Visual Artists Bill

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Hon Carmel Sepuloni

Government Bill

236—1

	Explanatory note
1	Title
2	Commencement
	Part 1 Preliminary provisions
3	Purpose
4	Interpretation
5	Transitional, savings, and related provisions
6	Act binds the Crown
	Part 2 Resale right for visual artists
	Resale right
7	Eligible artists have resale right
8	Meaning of original visual artwork
9	Meaning of qualifying resale
10	Meaning of resale value
11	Meaning of art market professional
	Nature of resale right
12	Right held in shares where artwork created jointly
13	Right is inalienable while held by artist
14	Who holds right after artist’s death
15	Duration of resale right period
	Resale royalty payments
16	Amount of royalty
17	Liability for payment of resale royalties to collection agency
18	Liability for payment of resale royalties to right holders
19	Right holder may decline resale royalty payment
	Other matters relating to resale royalties
20	Collection agency entitled to retain percentage of resale royalties
21	Requirement to provide collection agency with information about qualifying resales
	Collection agency
22	Minister may appoint collection agency
23	Function, duties, and operation of collection agency
24	Chief executive must monitor performance of collection agency
	Enforcement and remedies
25	Enforcement
26	Remedies
	Secondary legislation and other instruments
27	Regulations
28	Reciprocating countries
	Schedule Transitional, savings, and related provisions

The Parliament of New Zealand enacts as follows:

New Zealand Legislation