262. Regulations and inquiry on amount of royalties

The Minister may make regulations to prescribe the royalty payable to a copyright owner under this Division, including any minimum royalty and any circumstances in which no royalty or no further royalty needs to be paid or apportioned.

The Minister may request a Copyright Tribunal to inquire into and report on whether the royalty prescribed under subsection (1) is equitable (whether generally or for a class of records).

Where a report is made under subsection (2) in respect of a class of records (whether or not the report is confined to those records), the Minister may not request another inquiry in respect of that class of records within 5 years after the report is made.

To avoid doubt, the power to make regulations under subsection (1) does not depend on and is not limited by subsections (2) and (3).

In this section, “Minister” means the Minister charged with the responsibility for trade and industry.