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Reserves, provisions
Each year, the board sets aside modest reserves from the Distribution amount. These are allocated to a reserve fund to deal with Late claims by Right holders or possible Distribution errors. At the end of a period of 5 years after distribution, all claims against SUISSIMAGE are time-barred by statute and any remaining reserves are then liquidated and added to the distribution.
Source: Art. 7.1 Distribution regulations
Swiss Authors' Rights
Cooperative for Audiovisual Works
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Current: Reserves, provisions
Reserves, provisions
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Each year, the board sets aside modest reserves from the Distribution amount. These are allocated to a reserve fund to deal with Late claims by Right holders or possible Distribution errors. At the end of a period of 5 years after distribution, all claims against SUISSIMAGE are time-barred by statute and any remaining reserves are then liquidated and added to the distribution.
Source: Art. 7.1 Distribution regulations