Document ID: chunk:federal_register_of_legislation:C2024C00506:section:29
Version: federal_register_of_legislation:C2024C00506
Segment Type: section
Provision Reference: s 29
Character Range: 28772–29881

29  Requesting information about the commercial resale of an artwork
 (1) If the collecting society believes on reasonable grounds that a person is:
 (a) a seller under a commercial resale of an artwork; or
 (b) a buyer under a commercial resale of an artwork; or
 (c) an agent of a seller or buyer under a commercial resale of an artwork; or
 (d) an art market professional otherwise involved in a commercial resale of an artwork;
the collecting society may, in writing, request the person to give the collecting society information in relation to the commercial resale relevant to determining:
 (e) the amount of any resale royalty payable on the commercial resale under this Act; and
 (f) who is liable to make the payment.
 (2) If:
 (a) a request is made to a person in accordance with subsection (1); and
 (b) the commercial resale in relation to which the request was made occurred within 6 years before the request was made;
the person must comply with the request within 90 days after it is given.
Civil penalty:
 (a) for an individual—100 penalty units;
 (b) for a body corporate—500 penalty units.