8Notice of commercial resale

8 Notice of commercial resale

(1) For the purposes of paragraph 28(2)(c) of the Act, the following information is taken to be sufficient detail in a notice of commercial resale: (a) the date of resale; (b) the GST inclusive sale price; (c) whether the seller acquired the artwork on or after the commencement date of the resale royalty right arrangements to which the Act relates; (d) the medium of the artwork or a description of the artwork; (e) the artist’s name (if known); (ea) if the artist’s name is not known—that fact; (f) the country of which the artist is a citizen or permanent resident (if known); (fa) if the country of which the artist is a citizen or permanent resident is not known—that fact; (g) whether the artist is alive (if known); (ga) if whether the artist is alive is not known—that fact; (h) if the artist has died—the year of the artist’s death (if known); (ha) if the artist has died and the year of the artist’s death is not known—that fact.

Note: The commencement date of the resale royalty right arrangements referred to in paragraph (c) is 9 June 2010.

(2) Despite subsection (1), other information included in a notice of commercial resale may be taken to be sufficient detail for the purposes of paragraph 28(2)(c) of the Act.