Search Legislation

Advanced Search

The Artist’s Resale Right Regulations 2006

Help about what version

What Version

  • Draft legislation

More Resources

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Artist’s Resale Right Regulations 2006 No. 346

“Resale”

12.—(1) The sale of a work may be regarded as a resale notwithstanding that the first transfer of ownership was not made for a money (or any) consideration.

(2) The sale of a work may regarded as a resale only if the conditions mentioned in paragraph (3) are satisfied in respect of that sale.

(3) The conditions are that—

(a)the buyer or the seller, or (where the sale takes place through an agent) the agent of the buyer or the seller, is acting in the course of a business of dealing in works of art; and

(b)the sale price is not less than 1,000 euro.

(4) The sale of a work is not to be regarded as a resale if—

(a)the seller previously acquired the work directly from the author less than three years before the sale; and

(b)the sale price does not exceed 10,000 euro.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once