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Europe Daily Bulletin No. 7999

5 July 2001
GENERAL NEWS / (eu) ep/copyright
EP says "yes" for resale right on works of art

Strasbourg, 04/07/2001 (Agence Europe) - On Tuesday, the European Parliament adopted the result of conciliation procedure between Parliament and Council on "resale right", with a net majority of 405 votes in favour, 101 against and 32 abstentions. The agreement concluded on 6 June provides for the minimum resale price beyond which an artist may request a "resale right" on works to be EUR 3,000, and for the maximum amount of royalties to be EUR 12,500. The directive should take effect in...

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