13. Disposition of Funds in Holding Account. (1) Funds placed in the Holding Account are to be held for at most 7 years (the "holding period"). Such funds may be paid out to a person who becomes entitled within this period; that is, where the circumstances that required the amount to be placed in the Holding Account have ceased. (2) Amounts which remain in the Holding Account at the expiration of the holding period would fall into general revenue for distribution in respect of the then current accounting period or the period just terminated if that happens to coincide with the expiration of the holding period. CHAPTER 3 LICENSING AND DISTRIBUTION OF ROYALTIES 14. Licensing and Tariff (1) A Collective Management Organisation shall make available to users, on non-discriminatory terms, the complete repertoire of works with respect to which it is representing the right owners (2) A Collective Management Organisation shall draw up tariff in respect of remuneration it demands for the usage of copyright works administered by it. (3) In setting the tariff, a society may have regard to the following: i. the monetary advantage obtained from the exploitation; ii. the value of the copyright material; iii. the purpose for which, and context in which, the copyright material is used; iv. the manner or kind of use of the copyright material; v. the proportion of the utilization of a work in the context of exploitation; vi. any relevant decision of the Court or the Dispute Resolution Panel; and vii. any other relevant matter (4) A Collective Management Organisation may enter into an agreement with representative trade associations, concerning the use of its repertoire by members of such trade associations. (5) A Collective Management Organisation shall notify the Commission of any tariff scale accepted under an agreement referred to in subparagraph 4 above.

اختر الفقرة المستهدفة3

الاتصال بفقرة
Connect to an entity
Disable highlights
أضف إلى جدول المحتويات