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GST Reg. No: 19-9803120-C
TARIFFS FOR (1) REPRODUCTION OF SOUND RECORDINGS, AND (2) REPRODUCTION & PUBLIC PERFORMANCE OF MUSIC VIDEOS BY
RETAIL OUTLETS FOR DEMONSTRATION PURPOSES
Notes:
- RIPS shall have the sole discretion of determining which category an establishment falls into.
- Licensee shall not under any circumstances be entitled to any refund of any part of the Licence Fee, nor shall Licensee, upon the termination of this Agreement or the cessation of Licensee’s business or the relinquishment of this Licence, be entitled to transfer the Licence to any third party, whether in whole or in part.
- In the event that the Commencement Date of this Agreement takes place after 1 January, then the Licence Fee payable until 31 December of that year shall be calculated as follows:
Licence Fee = M ÷ (Total no. of days in the month of the Commencement Date) x (No. of days remaining in the calendar month of the Commencement Date, including the Commencement Date) + M x (No. of months remaining in the calendar year after the month of the Commencement Date)
Where: F = Applicable fee
M = (F ÷ 12)
- The applicable Licence Fees are subject to revision from time to time by RIPS upon written notice and shall, unless otherwise stated, apply in respect of any renewal or extension of the Licence term.
- Tariffs are payable in advance unless otherwise stated.
- All tariffs are subject to GST at the applicable rate.
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