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LICENCE FOR PUBLICATION, TRANSLATION AND RE-PRODUCTION OF WORK
RULE 40. MANNER OF DETERMINING ROYALTIES

The Board shall determine the royalties payable to the owner of the copyright under clause (i) of sub-section (4) of section 32 and clause (i) of sub-section (4) of section 32A of the Act. While determining the royalty, the Board may take into consideration the following, namely:

(a) the proposed retail price of a copy of such work;

(b) the prevailing standards of royalties with regard to such works; and

(c) such other matters as may be considered relevant by the Board.