Would the term to receive a resale royalty for a UK or Australian artist’s work that is a qualifying resale in New Zealand due to our reciprocal agreements be New Zealand’s term of 50 years, or their longer term of 70 years?
We are applying New Zealand’s legislation but it’s our understanding that this will change in the next few years when the NZ Copyright Act is reviewed.
Related Articles
What is the process for claiming an unpaid resale royalty?
RRA will periodically inspect and audit published auction sale results to monitor compliance with the Act and Regulations. However, because we rely on art market professionals and other stakeholders in the Scheme to notify us of resale payments that ...
Should a resale involving an artist from overseas be reported to Resale Royalties Aotearoa (RRA)?
Yes, any qualifying resale of an original artwork, regardless of the artist’s country of origin, must be reported to Resale Royalties Aotearoa (RRA). Our role at RRA is to assess the eligibility of the artist and verify the validity of the resale ...
What happens if the artist has died?
After an artist’s death, the right to receive the resale royalty payment passes to their successor. However, the successor must meet the same eligibility requirement to receive payment (meaning they are a citizen or domiciled or resident in New ...
Is a Resale Royalty applicable to artworks sold at a charity auction?
Yes, a qualifying resale of an original artwork sold as part of a charity auction is still subject to the artist’s resale royalty right. While the auction house or vendor may choose to waive their own fees or commission as a business decision, this ...
Who is an “eligible artist”?
Checklist 3.1 IF the artist is alive at the time the contract for resale is entered into: is the artist: a New Zealand Citizen, or a person domiciled or resident in New Zealand; or a citizen or subject of, or a person domiciled or resident in, a ...