3Object of this Act

3 Object of this Act

The object of this Act is to establish a statutory scheme (the Public and Educational Lending Rights Scheme) for the purposes of:

(a) making payments to Australian creators of books, and to Australian publishers of books in Australia, in connection with the rights of copyright in those books, in recognition of income derived from those rights that is lost as a result of their books being made available by public lending libraries in Australia or educational lending libraries in Australia; and

(b) the Commonwealth Government, as the national Government of Australia, supporting the enrichment of Australian culture by encouraging the growth and development of Australian writing and publishing by making such payments through a national scheme.