The Public Lending Right Scheme 1982 (Commencement) Order 1982

APPENDIX PUBLIC LENDING RIGHT SCHEME 1982 ARRANGEMENT OF SCHEME

PART V CALCULATION AND PAYMENT OF PUBLIC LENDING RIGHT

Notification of entitlement and payment of sums due under the Scheme

49.—(1) Any sum payable by way of Public Lending Right in respect of a registered interest, for any financial year, shall (unless sooner paid) fall due for payment on the last day of that year.

(2) Any such sum may be paid by cheque or warrant sent through the post directed to the registered address of the registered owner or, in the case of joint owners, to the registered address of the senior owner (as defined in Article 21(2)), or to such person and to such address as the owner or joint owners may direct by a written payment mandate to the Registrar, delivered at the registry, in the form set out in Schedule 4 or a form to the like effect; every such cheque or warrant shall be made payable to the order of the person to whom it is sent and any one of two or more joint owners may give a good receipt for any money due to them under this Scheme.

(3) The Registrar shall at the end of each financial year, or as soon as is reasonably practicable thereafter, inform each registered owner, by notice posted to his registered address of—

(a) the notional number of lendings for that year of each book in respect of which he is a registered owner; and

(b) the sum, if any, payable to him by way of Public Lending Right for each such book for the year in question.

(4) If, after the Registrar has notified the registered owner as provided in paragraph (3), the cheque or warrant for the sum referred to therein is not presented for payment and thereby lapses—

(a) there shall be no further duty on the part of the Registrar to take steps to trace the registered owner and it shall be the responsibility of such owner to make application to the Registrar for payment; and

(b) if at the end of six years from the date upon which a payment in respect of Public Lending Right becomes due no such application has been made by the person entitled thereto, the entitlement to such payment shall lapse.