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S.L. 415.3 · Artists’ Resale Right Regulations (S.L. 415.3)

S.L. 415.3 Art. 6Limitations.

En vigueurTexte officiel

(1) The resale right shall not apply in the case of a work which fulfils the following two conditions:

(a) the seller previously acquired the work directly from the author less than three years before the sale; and

(b) the work has a sale price not exceeding 10,000 euros.

(2) The resale right shall not apply in respect of works the sale price of which is less than 1,500 euros.

(3) The resale right shall not apply to those acts of resale effected directly between persons acting in their private capacity without the participation of an art market professional.

(4) The resale right shall not extend to acts of resale to museums which are not for profit and are open to the public: Provided that the persons effecting the sale are so doing in their personal capacity.