16Minimum and maximum payments under the Scheme

16 Minimum and maximum payments under the Scheme

(1) The Minister may determine a minimum payment amount. The Committee may determine different minimum payment amounts for creators and publishers. If the total amount that would be payable to a claimant for a financial year under this scheme is less than the relevant minimum payment amount, the amount is not payable and no credit will accrue. (2) The Minister may determine a maximum payment amount. The Committee may determine different maximum payment amounts for creators and publishers. If the total amount that would be payable to a claimant for a financial year under this scheme is more than the relevant maximum payment amount, any amount in excess of the maximum payment amount is not payable and no credit will accrue. (3) For the purpose of this section, the total amount payable under this scheme to a claimant who is an eligible creator is the sum of the amounts payable for all eligible books of which the claimant is an eligible creator. (4) For the purpose of this section, the total amount payable under this scheme to a claimant that is an eligible publisher is the sum of the amounts payable for all eligible books of which the claimant is an eligible publisher. (5) If none of the eligible creators of an eligible book is to be paid for the book because of subsection (1): (a) a payment under this scheme is not payable to a publisher for the book; and (b) the book is not to be counted in working out a payment (if any) to be made to a publisher.

Note: A determination under subsection 16(1) and (2) are a legislative instrument within the definition of the Legislation Act 2003.