15Publishers’ public lending right payment

15 Publishers’ public lending right payment

(1) The amount of a publishers’ public lending right payment for a book is the publishers’ public lending right rate of payment mentioned in subsection (2) multiplied by the estimated number of copies of the book. (2) The publishers’ public lending right rate of payment is 52.75 cents per copy. (3) If there is more than 1 eligible publisher of a book, the amount of publishers’ public lending right payment for the book is to be paid to them: (a) in accordance with an agreement (if any) between them dealing with the issue of division of profits from the book; or (b) in any other case—as the Committee considers appropriate.