Document ID: chunk:federal_register_of_legislation:C2009A00126:clause:1_10
Version: federal_register_of_legislation:C2009A00126
Segment Type: clause
Provision Reference: sch 1 cl 10
Character Range: 6714–8617

10  Division 410
Repeal the Division, substitute:

Division 410—Copyright and resale royalty collecting societies

Table of Subdivisions
 Guide to Division 410
410‑A Notice of payments

Guide to Division 410

410‑1  What this Division is about
      This Division sets out rules that apply whenever:

                (a) a copyright collecting society to which section 51‑43 applies makes a payment to a member of the society; or
                (b) the resale royalty collecting society pays a resale royalty.

Subdivision 410‑A—Notice of payments

Table of sections
410‑5 Copyright collecting society must give notice to member of society
410‑50 Resale royalty collecting society must give notice to holder of resale royalty right

410‑5  Copyright collecting society must give notice to member of society
 (1) A *copyright collecting society must give a *member of the society notice of any payment it makes to the member, if section 51‑43 applies to the society.
 (2) The society must give the notice at the time of the payment.
 (3) The notice must be in the *approved form.
Note: Under section 288‑75 in Schedule 1 to the Taxation Administration Act 1953 a society is liable to an administrative penalty for failing to give a notice required under this section.

410‑50  Resale royalty collecting society must give notice to holder of resale royalty right
 (1) The *resale royalty collecting society must give an entity notice of any payment it makes to the entity under section 26 of the Resale Royalty Right for Visual Artists Act 2009, if section 51‑45 of this Act applies to the society.
 (2) The society must give the notice at the time of the payment.
 (3) The notice must be in the *approved form.
Note: Under section 288‑75 in Schedule 1 to the Taxation Administration Act 1953 the society is liable to an administrative penalty for failing to give a notice required under this section.