S.L. 415.8 Art. 17Principle of appropriate and proportionate remuneration.

Where authors or performers licence or transfer the exclusive rights for the exploitation of their works, or other subject-

matter, they are entitled to receive appropriate and proportionate remuneration. In the absence of agreement on the remuneration payable under this sub-regulation, the amount of such remuneration shall be determined by the Board:

Provided that in determining the appropriate and proportionate remuneration to the actual or potential economic value of the licensed or transferred rights, account shall be taken of the author’s or performer’s contribution to the overall work or other subject matter and all other circumstances of the case, such as market practices or the actual exploitation of the work.