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Sections 260 and 261 — payment by deposit into bank account where copyright owner cannot be found

Copyright Regulations 2021

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—(1) This regulation applies for the purposes of sections 260(1)(f) and 261(2)(g) where, despite making reasonable efforts, X is unable to find out the name, or the address for service, of the copyright owner of the included work.(2) Subject to regulation 67, X is deemed to have paid the prescribed royalty to the copyright owner for the records (being records of the included work) sold or supplied by X during an accounting period if —(a)within 28 days after the expiry of the accounting period, X deposits the amount of royalty payable into a bank account; and(b)X maintains that amount in the bank account for 6 years after the deposit is made.(3) A bank account used for the purposes of paragraph (2) must only contain moneys deposited under that paragraph.(4) For the purposes of this regulation and regulation 67 —(a)the first accounting period is the period of 3 months starting on the earlier of the following dates:(i)the date on which X first sells or first supplies a record of the included work;(ii)any other date fixed by X; and(b)every successive period of 3 months is an accounting period.

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