Under the Resale Royalty Scheme, visual artists and other right-holders are entitled to 5% of the sale price of eligible artworks resold commercially for $1,000 or more.
Who can participate
You may be entitled to a royalty payment if you are the original artist, or you inherit the resale right from the artist, and if the resale is deemed eligible.
How do I participate
You can register with the Scheme’s collecting society Copyright Agency at any time.
What income can I receive
Artists and other right-holders are entitled to 5% of the sale price from eligible artworks resold commercially for $1,000 or more.
About the program
The resale royalty right provides visual artists with right similar to other creators, such as songwriters or authors, who receive royalty payments from their work.
Under the Resale Royalty Right for Visual Artists Act 2009, auction houses and galleries are required to report resales to Copyright Agency, the collecting society for the Scheme. Copyright Agency then determines eligibility, collects the royalty, and pays it to the artist or other right holder/s.
Internationally, over 60 of 167 state parties to the Berne Convention for the Protection of Literary and Artistic Works, Article 14ter also have a resale royalty right for visual artists, including the United Kingdom and all members of the European Union.
The 2013 post-implementation review of the Resale Royalty Right for Visual Artists Act 2009 and associated Scheme provides a snapshot of the Scheme's performance during its establishment phase.