Who is liable to pay the resale royalty?

The following persons are jointly and severally liable to pay the 5% resale royalty to RRA (section 17, of the Act) :

  • The seller, and either
    • the agent acting for the seller on the resale (usually the AMP); or
    • if the seller does not have an agent, the agent acting for the buyer on the resale; or
    • if there are no agents, the buyer.