In early December 2009 the Resale Royalty Right for Visual Artists Bill 2009 became law in Australia. The right entitles visual artists to a royalty payment on the sale price of any commercial resale of their original works of art valued over $1,000, is inalienable and endures for the life of the artist plus 70 years. On 9th June 2010 the scheme came into force. The Copyright Agency Ltd (CAL) has been appointed by the Federal Government to manage the scheme and artists should register to ensure that they are easily identified for royalty payments to be made when their work is resold.
Find out more about the Artists' Resale Royalty Scheme.
After its 20 year campaign, NAVA enthusiastically welcomed the securing of this right for Australian artists, putting out a media release at the time.