SCHEDULE 1 U.K. CALCULATION OF RESALE ROYALTY

1.  The resale royalty payable on the sale of a work shall be the sum of the following amounts, being percentage amounts of consecutive portions of the sale price— U.K.

Portion of the sale price	Percentage amount
From [F1 £0 to £50,000]	4%
From [F2 £50,000.01 to £200,000]	3%
From [F3 £200,000.01 to £350,000]	1%
From [F4 £350,000.01 to £500,000]	0.5%
Exceeding [F5 £500,000]	0.25%

Textual Amendments

F1 Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(i) (with reg. 4)

F2 Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(ii) (with reg. 4)

F3 Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(iii) (with reg. 4)

F4 Words in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(iv) (with reg. 4)

F5 Sum in Sch. 1 para. 1 table substituted (1.4.2024) by The Design Right, Artist’s Resale Right and Copyright (Amendment) Regulations 2023 (S.I. 2023/1285), regs. 1(3), 3(5)(a)(v) (with reg. 4)

Commencement Information

I1 Sch. 1 para. 1 in force at 14.2.2006 in accordance with reg. 1(1)