South African Institute for Drug Free Sport Act, 1997
R 385
Copyright Act, 1978 (Act No. 98 of 1978)RegulationsCollecting Society Regulations, 2006Chapter 2 : Obligations of collecting societies6. Administration of rights |
| (1) | A collecting society shall administer the rights of its members and the proceeds of the exercise of such rights in accordance with the Copyright Act, 1978, the Performers' Protection Act, 1967, and these Regulations. |
| (2) | The aim of a collecting society shall be to administer public playing rights effectively and efficiently, to maximise the economic exploitation of the rights entrusted by the rightholders for their direct benefit and not to generate or accumulate unneeded profits in the hands of the collecting society itself, and to distribute the proceeds of such exploitation equitably amongst its members. A collecting society shall distribute at least 80% amongst its members, and not more than 20% shall be retained by the collecting society after distribution to defray its costs or apply otherwise. |
| (3) | Whenever desirable or expedient, a collecting society shall enter into reciprocal agreements with foreign collecting societies or rightholders, and it shall administer the rights entrusted to it and shall distribute at least 80% of the money collected to its members. |
