14Creators’ public lending right payment

14 Creators’ public lending right payment

(1) The amount of a creators’ public lending right payment for a book is the creators’ public lending right rate of payment mentioned in subsection (2) multiplied by the estimated number of copies of the book. (2) The creators’ public lending right rate of payment is $2.11 per copy. (3) If there is more than 1 eligible creator of a book, the amount of the creators’ public lending right payment for the book is to be paid to each creator in proportion to his or her share of royalty payments for the book.