Art market professionals and resale royalties
Art market professionals – auctioneers, dealers, galleries and others in the business of dealing in artworks – have legal obligations under the artists' resale royalty scheme. They are:
- liable (with the seller) to ensure royalties are paid on certain resales
- obliged to respond to requests for information about resales from Copyright Agency
The scheme requires sellers, or their agents, to report all commercial resales for $1,000 or more (whether or not a royalty is payable) to Copyright Agency within 90 days.
You can do this online once you set up a secure login here.
A royalty is payable on a resale if:
- the seller was not the owner of the work on 9 June 2010
- the sale price (including GST) was $1,000 or more
- the artist is from Australia or a reciprocating country
- if the artist has died:
- it was less than 70 years go; and
- there is a beneficiary or estate with a connection to Australia.
Contact Copyright Agency
If you have a question about the Resale Royalty Scheme, Copyright Agency or anything else, please fill in our enquiry form