Document ID: chunk:federal_register_of_legislation:C2024C00506:section:12:p2
Version: federal_register_of_legislation:C2024C00506
Segment Type: section
Provision Reference: s 12 (pt 2/2)
Character Range: 16250–16816

this subsection, but the entity is dead or has been wound up at the time of the next commercial resale of the artwork, resale royalty right is held on the next commercial resale of the artwork by:
 (a) if there is only one successor in title to the right—that entity, provided it satisfies the residency test at the time of the next commercial resale and the succession test; and
 (b) if there is more than one successor in title to the right—each of those entities that satisfies the residency test at the time of the next commercial resale and the succession test.