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3 December 2009
Minister for the Arts Peter Garrett today announced the first step in establishing the resale royalty scheme for visual artists following the passage of the Resale Royalty Right for Visual Artists Bill 2009 on 26 November 2009.
Minister Garrett said the Australian Government has released an open tender to identify a collecting society to administer this important scheme that will provide visual artists with the right to receive royalty payments from future sales of their art.
"The collecting society will have responsibility for setting up and delivering Australia's first resale royalty scheme for visual artists. Australian artists will finally gain a share in the growing value of their artworks and ongoing rights in their art," Mr Garrett said.
"The Australian Government is seeking tenderers who are experienced in the sector and have the ability to collect and pay royalties, educate the art sector about the scheme and establish reciprocal arrangements with other countries that have resale royalty schemes in place.
"The Australian Government has committed funding of $1.5 million over three years for the collecting society to establish the scheme. Funding is for establishment costs, administration and database development, to ensure that the scheme is fully operational from day one.
"In the long term, the collecting society should cover its costs from collecting resale royalties."
It is expected that the collecting society will be appointed in March 2010, for a period of up to five years, and the scheme will be operating by mid 2010.
Tender information is available on the Austender website at www.tenders.gov.au . The tender will close at 4:00 pm on 4 February 2010.