The Resale Royalty Scheme, established under the Resale Royalty Right for Visual Artists Act 2009 (the Act), commenced on 9 June 2010. Under the Scheme, artists receive five per cent of the sale price when eligible artworks are resold commercially for $1000 or more. Between 10 June 2010 and 15 May 2013, there have been 6801 eligible resales that have generated over $1.5 …