NZ Copyright (Artists’ Resale Right) Amendment Bill 2008

The Copyright (Artists’ Resale Right) Amendment Bill 2008 amends the Copyright Act 1994 to establish a mandatory resale right for certain artists when their artistic works are resold in New Zealand. A resale right entitles an artist to receive a resale royalty payment each time an original artistic work is resold on the secondary art market. It does not apply to the first sale of the work. The Bill creates a property right for an artist and his or her successors over the artist's artistic creations for a period expiring (broadly) 50 years after the death of the artist. During that time the holder of the resale right would be entitled to a royalty payment to be obtained by a collecting agency.