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Droit de Suite
Droit de Suite
the artists resale rite
came into being on Valentines Day 14th Feb 2006.
This means all living artists have the rite to receive a royalty each time their work is bought and sold.
Antique dealers, Auction Houses etc must set up a system to deal with the levy. Liability for payment remains immediate.
Christies acording to the Antiques Trade Gezette are the first Auction House to do so.
The guide lines are available at www.dacs.org.uk/arr
antiqueman
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